August 2, 2011- The CPL Import Spot Market Price Is Firm

Today, the CPL import spot market price is firm. The goods on market are short of supply, and the suppliers are reluctant to sell. The leading quotation in the market stays at 3600 dollars/ton (CFR China Ports and L/C 90 days). The downstream bidding price is around 3350 dollars/ton and the practical discussions are around 3560-3600 dollars/ton (CFR China Ports and L/C 90 days.)