FAS Tokyo Bay Price Touches the Bottom, And Partially Rebounds

摘要

FAS Tokyo Bay price seems to touch the bottom, and the market is waiting for the chance of rebound. Althougheach shipper in Tokyo Bay area had implemented the price reduction, in response to the reduction of purchase price byTokyo Steel so far, each shipper did not follow the price reduction of Tokyo Steel from April 12, and maintained apurchase price. Some shippers turned to increase the price against the price reduction of Tokyo Steel. It can be said thatFAS Tokyo Bay price touched the bottom by April 12.