2010-01-27 [Source: Pudaily]

PUdaily, Shanghai- Today, from the sources of domestic suppliers, February prices have been increased to RMB16000/t. Most large clients can accept the prices while their supply to small and medium clients is tight. According to the local distributors, although the quotes from suppliers are pushed up at a fast rate, the transactions prices almost keep still without many changes. In the trading market, the demand for bulks is gloomy and small and medium end users are cautious when buying high-price bulks.

In the local trading market, the overall quotes are maintained at RMB15800-16200/t with the transactions prices at RMB15600-15800/t. Some downstream clients from refrigerators and glue industries are relatively satisfying towards their exports orders recovery since late January, which rebounds 40% from the slack season.