Crude MDI Market Snapshot in North China Today

2010-02-02 [Source: Pudaily]


PUdaily, Shanghai- According to some local traders, although they maintain the high quotes, the transactions are not as good as expected. Meanwhile, with the poor supply from suppliers, they are more and more unwilling to sell stocks before Spring Festival. End users say the current spots are up RMB1500/t and the necessity to buy stocks is declining.

In Beijing and Tianjin market, PM-200 stocks are sold at RMB16000-16100/t, Shanghai stocks at RMB15900-16000/t while imports from Japan and Korea at RMB15800-15900/t. In Shandong, PM-200 stocks are traded at RMB15800-15900/t, Shanghai stocks at RMB15700-15800/t, and imports from Japan as well as Korea at RMB15700-15800/t.

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