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China’s export sales of semi-finished steel items such as slabs and billets have performed strongly since March as the absence of Iranian semis in these regions has caused availability to tighten. As a result, domestic and export prices of Chinese steel semis have both jumped recently, Mysteel Globa
At present, high domestic soybean oil inventories coexist with weak demand. Crushers' forwardmonth presales are progressing slowly, and trader activity remains subdued. Given the volatile situation in the Middle East, edible oil prices are likely to be prone to upward moves but difficult to fall sha
China imported 269,700 tonnes of PP in March, up 30.92% from the previous month, according to GACC data. Exports, meanwhile, soared to an annual high of 405,500 tonnes, representing a 66.12% month-on-month surge.
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