Ex-China HRS for Vietnam
Thursday, 10 August 2006 14:30:29 (GMT+3)
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A Chinese trader indicated its 5.0 mm thick 10 mm x 1,500 mm x 6 m hot rolled sheet export price to Vietnam for 1,200 – 1,500 mts as $450/mt CFR Vietnam Port for August and September shipments via payment by letter of credit. The price level is considered as low.
Nowadays, the Chinese trader is calculating the export price with “11 percent tax rebate”, because the tax rebate has not been decreased yet and the market trend is weak.
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