Prices in the premium markets were steady-to-slightly softer on the week, as the persistently mild temperatures recorded in Q1, shifted the immediate focus to the pre-season. Even with steady consumption throughout March, and daily average temperatures in key demand centers sinking below their ten-year average in the first week of April, traders eyed Q3 before needing to replenish stocks. In the fob markets, Baltic assessments of value were recorded at ?120/t, unchanged on the week. Meanwhile, in Iberia, Portuguese producers were offering cargoes at ?140/t, with some calling ?138/t a price floor for sales. But there were no bids heard on the offers, and overall there were scant discussions for short term deliveries.
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