VSF Inventory still Low despite Dull Sales

VSF market remains steady during the weekend with offers at 30500-31000yuan/mt. The inventory increases gradually with sales keeping dull, but still at low level generally. The traders offer at 28000yuan/mt, but the buying ideas are even lower.

VFY offers remain firm, although the turnover reduces a little. Downstream buyers purchase feedstock based on demand.

$1=CNY6.67

source:CCFGroup.com