BDO Prices Edge Up Slightly In China This Week

2010-01-29 [Source: Pudaily]


PUdaily, Shanghai-BDO market stocks are tight and prices go up steadily this week. Domestic suppliers mainly meet contract clients while materials in the trading markets are tight, particularly for imports. Oversea imports are under the high level for the moment and traders show signs of buying in but considering high costs, traders will not procure too much in February.

In the domestic markets, materials in the east are transacted at RMB13000-13500 (bulk) but traded at RMB13000-13500/t in the south. As to drum stocks, Taiwan and Lyondell trade at RMB 15000-16000/t but BASF origin cargoes and Mitsubishi are changed at RMB 16500-17000/ton.

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