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Home / Metal News / SMM Weekly Review on Brass Imports (Dec. 10-14)

SMM Weekly Review on Brass Imports (Dec. 10-14)

iconDec 18, 2012 11:35
Brass prices saw limited upside room, and importers became more interested in importing owing to optimism toward future copper prices.

SHANGHAI, Dec. 18 (SMM) –Turning to the brass market, CIF quotations for US brass, Western held between USD 5,050-5,100/mt last week. CIF quotations for Bulgarian brass remained at around USD 4,760/mt, and roughly USD 4,630/mt for German and Spanish brass. Mainstream offers for US brass, Western were also unchanged between RMB 38,200-38,600/mt on China’s domestic markets. Brass prices saw limited upside room, and importers became more interested in importing owing to optimism toward future copper prices.
 

China brass imports
China brass profits
China brass market
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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