09 October 2007 07:31 [Source: ICIS news]
LER offers were pegged at yuan (CNY) 28,200-28,500/tonne ($3,760-3,800/tonne)
“It’s too early to assess the impact of the hikes on demand which has so far been fairly healthy,” said a trader in Mandarin.
The hike was to reflect a surge in ECH prices, which rose CNY1,000/tonne to CNY17,500-18,000/tonne
Key LER producers in
($1 = CNY7.50)
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