Oct. 23rd, 2017-VSF Prices are Weak in China-Shandong

Today VSF Prices are weak in Shandong Yamei. Now the leading quotation of 1.5D is about 15,800 Yuan/ton. The inventories are on the low level in early days. Besides, VSF price remain stable in Jiangsu Xiangsheng. Now the leading quotation of 1.2D is around 16,100-16,300 Yuan/ton. The manufacturers want to increase the prices. At the same time, VSF prices go up in Tangshan Sanyou. Now the leading transaction price of 1.2D is about 17,300 Yuan/ton. And the inventories are on the low level.