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CIS CRC price to Middle East may decline - 22 Jul 09

Although current CRC offer price from CIS to Middle East kept increasing, market analysts worried about that the price might decline in the coming months.
The reason is that current buying was driven by stock replenishing not by demands of end buyers.
It’s said that most stockiests have completed their stock replenishment, and thus price is expected to drop if demands from end buyers don’t pick up in the near future.

source: yieh.com

Jul 22, 2009 12:51
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