China: Port wholesale prices decline

摘要

Chinese port wholesale prices have dropped to RMB 2,150-2,350 ($338-369)/mt FCA from RMB 2,250-2,400 ($353-377)/mt FCA, according to sources. The low end of Russian red standard product is currently said to stand at RMB 2,150 ($338)/mt FCA including 13% VAT, down $16/mt compared to price ideas last week. White 62% K20 product is now seen in the range of RMB 2,270-2,350 ($357-369)/mt FCA.