An uneventful week in NWE PX saw the benchmark dip $5/mt, with many players vacating their desks to attend an industry conference in Prague. “I was looking for a range, but I was told there was no range, no bids—nothing,” a consumer said on Wednesday. Earlier in the week a European trader expressed bearish sentiment given the lack of activity, adding that he expected further downward movement in the days to come. “The world is very negative and demand in Europe is zero.
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