Home / Metal News / Aluminium / SMM Weekly Review on Brass Imports (Jul 16-20)
SMM Weekly Review on Brass Imports (Jul 16-20)
Jul 17,2012 15:34CST
smm insightindustry news
Source:SMM
Profits on imported brass held stable near RMB 1,000/mt last week, but most brass importers continued sourcing to order out of uncertainties in the direction of future copper price trends.

SHANGHAI, Jul. 17 (SMM) –Turning to the brass market, CIF quotations for US brass, Western were USD 5,000-5,050/mt last week, down a slight USD 50/mt from the prior week. Mainstream offers were down to RMB 38,800-39,000/mt on China's domestic markets. Profits on imported brass held stable near RMB 1,000/mt last week, but most brass importers continued sourcing to order out of uncertainties in the direction of future copper price trends.
 

China brass import
brass import profit

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn