17 Jan 2011
ERJ staff report (DS)
Hong Kong -- effective January 1, 2011, WestMoonint has raised prices of CSM grades by at least US$152/mt and Euro 114/mt, across all overseas markets and end users.
The company said the move came as a result of, "the imbalance between CSM rubber demand and supply and shortage of CSM rubber replacement."
WestMoonint predicts that CSM rubber price will increase by a further US$350/mt and Euro 260/mt worldwide in coming next two month.
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Press release from WestmoonInt
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