Moroccan October imports up fourfold; spot in low $50s/mt CFR

摘要

Moroccan spot prices were pegged in the low $50s/mt CFR. Although some offers were in the $60s/mt CFR, a buyer source said that no business had been done at such levels. Morocco’s October 2014 imports were nearly four times higher than those of October 2013, leaving its imports for the first 10 months of the year up 67% on the year at 764,957 mt.