Guangdong
Product |
Market Offer (Yuan/mt) |
SVR3L |
23300-23400 (no tax) |
NR offers edged down in line with rare inquiries and sparse transactions.
Jiangsu
Product |
Market Offer (Yuan/mt) |
SCRWF (Hainan, state-owned) |
24500 |
SVR3L |
24500 (with 17% VAT included, unconfirmed) |
Thai RSS3 |
26500 (with 17% VAT included) |
Slightly dropping offers and common demand characterized the market.
Hengshui
Product |
Market Offer (Yuan/mt) |
SCRWF (Yunnan, state-owned) |
24500-24600 |
SCRWF (Yunnan, private-owned) |
24200-24500 |
SCR10 (Yunnan, private-owned) |
21800 |
Thai RSS3 |
24500 (no tax) |
Homemade RSS |
23500 (with 13% VAT included) |
Burma RSS3 |
23500 (with 13% VAT included) |
SVR3L |
23300-23400 (no tax) |
NR offers corrected marginally in line with muted inquiry sentiment.
Shandong
Product |
Market Offer (Yuan/mt) |
SCRWF (Hainan, state-owned) |
24600 |
SCR5 (Hainan, private-owned) |
22100 |
SCRWF (Yunnan, state-owned) |
24500-24600 |
SCR10 (Yunnan, state-owned) |
21600-21800 |
Thai RSS3 |
26300 (with 17% VAT included) |
SVR3L |
24200-24400 (with 17% VAT included) |
Players quoted disordered offers, which corrected marginally. Downstream plants operated smoothly in line with muted demand.
Shanghai
Product |
Market Offer (Yuan/mt) |
SCRWF (Hainan, state-owned) |
24300-24500 |
SCR5 (Hainan, private-owned) |
21300 (low-end) |
SCRWF (Yunnan, state-owned) |
24600 |
SCR10 (Yunnan, private-owned) |
21500 |
Thai RSS3 |
26500 (with 17% VAT included) |
SVR3L |
24400-24500 (with 17% VAT included) |
SVR3L compound |
23400 |
NR offers experienced marginal corrections in line with weak trading sentiment.
Yunnan
Product |
Market Offer (Yuan/mt) |
SCRWF (Yunnan, private-owned) |
23800 |
SCR10 (Yunnan, private-owned) |
20900 |
SCR5 (Yunnan, private-owned) |
21400-21500 |
Homemade RSS |
– |
Burma RSS |
21400 (with 13% VAT included) |
Offers underwent narrow corrections while downstream users held weak inquiry sentiment, resulting in stalemated transactions.
Zhejiang
Product |
Market Offer (Yuan/mt) |
SCRWF (Hainan, state-owned) |
24500 |
SCRWF (Yunnan, state-owned) |
24500 |
SCR10 (Yunnan, state-owned) |
21500 |
SVR3L |
24400-24500 (with 17% VAT included) |
Thai RSS3 |
26500 (with 17% VAT included) |
Offers underwent narrow corrections in tandem with strong sidelined sentiment and sluggish transactions.
Source: chem99.com