Zhenjiang Nandi NBR market transaction turned bearish trend amid increased social stocks, and downstream demand showed weakness facing bigger stress in Jiangsu and Zhejiang, E-China.

 

    NBR prices were increased by Yuan1,000/mt last week, and agents showed dissatisfied said that higher prices made downstream factories difficult to accept. Now NBR in Nandi quotations were under rising position and heard NBR 1502 offer was capped Yuan 33,500/mt.While downstream players kept resistant to higher price, mainly into negotiation trend.

 

    Today’s exchange rate: $1=6.8529RMB