*** Forecast Asian slab recession
Imported slat prices in Southeast Asia and East Asia dropped last week due to demand for the region’s demand. According to weekly estimates, the price of imported slugs from Southeast Asia and East Asia was announced Monday April 8, from $ 490 to $ 495 per ton, down from $ 490 to $ 500 a tonne a tonne last week. One of the Southeast Asian producers offered its semi-final product to buyers in the area at $ 490-520 per ton, but market participants said there was a shortage of purchases due to Indonesia’s upcoming April 17th election. Due to the shortage of new construction products, after the election, it is expected that, if the newly elected government introduces friendly policies, customers will be more interested in buying slabs.
In East Asia, market sources said buyers showed interest in the deal at $ 470-475 per tonne CFR, but sellers are not willing to sell at these prices.
One Taiwanese trader said buyers are reluctant to buy slabs because of the not-so-good market hot plate market. The latest export offer for Taiwan’s hot plate was priced at $ 530-560 per tonne FOB, while prices for one week ago were $ 535-555 per tonne FOB.
Ahan info
این مطلب بدون برچسب می باشد.
ثبت دیدگاه