China ASIA

摘要

Granular cfr prices in China are maintaining the high-$70s to $80/t range this week. But there are mixed reports coming from the market with some offers being heard in the mid- $70s/t cfr in South ports and domestic traders inquiring for cargoes around the $80/t cfr mark. No concluded business has been reported at the lower level, and end-users are still said to be on the sidelines as they hold high stocks and seek prices sub-$75/t cfr.