CRC import market quiet in UAE
2015-04-22 08:59:37 [Print]
BEIJING (Asian Metal) 22 Apr 15 - The import price of CRC in UAE recorded a downward trend in past two months. However, the demand from traders and downstream consumers is very weak. Insiders think the CRC import price in UAE can hardly rebound in the short term.
An importer in Dubai says that suppliers in Chinese mainland offer a quotation of USD470/t CFR Dubai for CRC SPCC 1.0mm*1,250mm*C, the same as that of last week.
According to the source, the price went down by USD50/t in past two months. However, he thinks it is likely to come down further in the near future. “It is said that the concluding price can be as low as USD460/t CFR Dubai if buyers have large orders,” he says, adding that he would like to watch the market for some days.
Another importer in Dubai tells Asian Metal suppliers in India offers a price of USD460/t CFR Dubai for CRC SPCC 1.0mm, equaling to that of last week.
Noted by him, prices of CRC in India decreased by around USD100/t in past two months. “The price is likely to go down further as the demand in India is very weak,” he says, adding that he wants to watch the market for a short period of time. His ideal price is around USD450/t CFR Dubai at the moment.
An importer in Dubai says that suppliers in Chinese mainland offer a quotation of USD470/t CFR Dubai for CRC SPCC 1.0mm*1,250mm*C, the same as that of last week.
According to the source, the price went down by USD50/t in past two months. However, he thinks it is likely to come down further in the near future. “It is said that the concluding price can be as low as USD460/t CFR Dubai if buyers have large orders,” he says, adding that he would like to watch the market for some days.
Another importer in Dubai tells Asian Metal suppliers in India offers a price of USD460/t CFR Dubai for CRC SPCC 1.0mm, equaling to that of last week.
Noted by him, prices of CRC in India decreased by around USD100/t in past two months. “The price is likely to go down further as the demand in India is very weak,” he says, adding that he wants to watch the market for a short period of time. His ideal price is around USD450/t CFR Dubai at the moment.
