East China: Crude MDI Distributors Up Quotes to Control Sales

2010-01-28 [Source: Pudaily]


PUdaily, Shanghai- So far, February prices from domestic leading suppliers have been increased to RMB15800-16000/t. According to the insiders, low inventory and high costs might play a key role when suppliers decide to raise prices.

In the local trading market, transactions for current availabilities go smaller and smaller with the two reason that the demand from downstream sectors is decreasing and some distributors control sales by the method of driving quotes up to RMB16000-16200/t but with the actual transactions prices kept at RMB15600-15800/t, among which, PM-200 stocks are sold at RMB15800/t, Shanghai stocks at RMB15700-15800/t, while imports from Japan and Korea at RMB15700-15800/t.

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