C2,C3 upbeat but business is dull

摘要

Excess supply caused the MoPJ to fall by USUS24/tonne from the previous week,to USUS560/tonne cfr Japan.Also contributing to the weak market sentiment was the softening of crude values by USUS4/tonne to USUS63.70/bbl,as the impact of Hurricane Rita waned.However,premiums on November and December offers had almost disappeared owing to more-than-adequate supply,traders said.