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CIS may cut CRC offer to Middle East - 25 Jul 09

Although CIS has lifted the offer for CRC to Middle East, analysts said that the price would probably go down in the next a few months.
It is said that most buyers are purchasing in order to replenishing the stock. It seems that the real demand for end-users still remains slack.
If the demand keeps weak in the next a few months, the price will probably drop, said a trader.

Jul 25, 2009 11:36
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