Hot Reports
Crude MDI in East China: Traders Wait for the End of Spring Festival
2010-02-05 [Source: Pudaily]
PUdaily, Shanghai- According to the local traders, although the current demand is decreasing day by day, they will not compromise to reduce prices as their costs, pushed by the suppliers' increasing quotes, are running higher and higher. Thus they prefer to wait and see until the end of Spring Festival. However, some distributors are positive for future market.
In the local trading market, PM-200 are sold at RMB15900-16000/t, Shanghai stocks at RMB15800-15900/t, and imports from Japan as well as Korea at RMB15800-15900/t. Transactions are weakening.
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