China: Export sales reported at positive FOBs

摘要

A trader reported that they had bought a few sulphuric acid export cargoes from a Chinese producer at positive FOB prices, though this was not yet confirmed with the seller. One of the cargoes is believed to be for Indonesia buyer Gresik on its recent tender at a delivered price around $20/t CFR, suggesting that if the FOB price is positive it would be a very low positive number.