Chinese mills raise debar prices to SE Asia

Posted on 02 August 2007

Chinese mills have raised their export offer prices for debar to South East Asia up by $20/t to $550-560/t cfr, a $10-15 higher than last week.'s. This is the result of a stronger domestic market in China. However, demand is still weak in many part of East Asia because of rainy season. China sold their debar to Singapore with the prices of $530-535/t CFR, while Malaysian exported debar prices to Singapore has touched around $565-570/t delivered basis due to shorter delivery time and smaller lots is available., August 2, 2007

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