Partial PCs again declined BR EXW prices by Yuan600/mt, after the three days of this week, the BR sliding range had been reached Yuan1,450/mt. The August was the traditional off-season; the environmental restrictions pressure during the Olympics, as well as limited electricity consumption was in turn exacerbate the downstream shrinking demand.

 

    Most market players kept “to buy rising prices” psychological, although BR price under lower trend was till not to stimulate buying enthusiasm. The short-term BR will be downward route, and at the same time Daqing PC BR units are about to overhaul give some boost to industry mentality, timely concerned manufacturer Dynamic.

 

    Today’s exchange rate: $1=6.8628RMB