BR Prices Report from Domestic Plants on Aug 20th
CHEM99   Edit at:Wed, 20 Aug 2008 9:32:26 GMT 
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BR Price Report in Domestic Plants
  
Type
Palnts
Price (Yuan/mt)
Change
Domestic Market
Market Price
(Yuan/mt)
Change
BR
Sinopec Beijing Sales Branch(Yanshan PC)
 
23,900
 
-700
Shandong
23,900
-
Sinopec Beijing Sales
Branch(Qilu PC)
 
23,900
 
-700
Sinopec East
Sales Branch(Gaoqiao PC)
 
24,100
 
-700
Yanshan Region
24,000
-
Sinopec South Sales Branch(Baling PC)
 
23,900
 
-700
PetroChina North Sales Branch(Dushanzi PC)
 
23,900
 
-
N-China
24,000-24,500
-
PetroChina North Sales Branch(Daqing PC)
 
23,900
 
-
PetroChina East Sales Branch(Dushanzi PC)
 
23,900
 
-
E-China
23,900-24,200
-
PetroChina East Sales Branch (Daqing PC)
 
23,900
 
-
PetroChina South Sales Branch (Dushanzi)
 
23,900
 
-
S-China
23,900-24,200
-
PetroChina (Jinzhou PC)
 
23,900
 
-700
NE-PetroChina
(Daqing PC)
 
23,800
 
-800
    Market Summary: Sinopec and PetroChina dropped BR EXW prices by Yuan700/mt, which reduced domestic BR quotations showed slightly downtrend, so the overall BR dealing ran bearish trend mainly. However, sliding NR and SBR offers added BR CIF CMP prices into sliding trend also inhibited domestic BR market demand, and even weakness demand resulted in BR market would into dropped pace.
 
    Today’s exchange rate: $1=6.8529RMB
 

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