PrNd Oxide Prices Grew Apace Last Week

SHANGHAI, May 15 (SMM) - PrNd oxide prices grew apace last week. The mainstream quotes fluctuated upwards from 433,000-437,000 yuan/mt on May 5 to 455,000-461,000 yuan/mt last Friday, up 5%, because the inquiries and trades increased palpably while the market supply declined due to the delivery of some companies’ long-term contracts. PrNd alloy prices also went up 1.8% from 540,000-550,000 yuan/mt to 550,000-560,000 yuan/mt.