Today S-PetroChina Sales Branch dropped by Yuan600/mt to BR EXW prices added to Yuan1,700/mt. This sliding situation resulted traders into panic sentiment, and at the same time partial end-users in S-China had about 30% operation rate, so the whole BR prices continued downtrend, and the same situation appeared in tire manufactures; meanwhile deal prices were keep same level or higher by Yuan50-100/mt. The short-term BR market maybe continue sliding trend and continued paid more attention to actions from PCs.

 

    Today’s exchange rate: $1=6.8665RMB