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SMM Weekly Review on Brass Imports (Dec. 10-14)
Dec 18,2012 11:35
CSTsmm insight
Source:SMM
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
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