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15 February 2010
Prices will remain firm in Europe in the second quarter, pushed up by raw material costs.
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22 January 2010
HDG offers in Turkey have been increasing as we approach the end of January. We think that this may be a result of higher prices for imported material as well a small pick-up in demand.
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06 January 2010
The end of the year offered some encouragement to EU coated producers.
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18 November 2009
The replenishment of inventories is now over as market participants look to try and keep their stock levels low for the New Year.
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16 October 2009
Purchasing volumes for HDG have been getting smaller during October and buyers are also watching prices, particularly as international prices have been falling over the past six weeks. We think that while enquiries are being made there is a definite wait-and-see attitude in the market. North European end users are reluctant to place any orders while prices are falling.
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30 September 2009
MBR understands that base prices for HDG have on average notched up by around Û10/tonne and now stand in the region of Û500-550/tonne ($732-805/tonne) ex-works. However, while it appears that the more significant price increases implemented by producers last month have been accepted, this is not likely to hold indefinitely due to the threat of a deluge of imports from China pushing down prices (discussed below).
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31 August 2009
Prices are being maintained mainly by production cuts. End-use demand remains insufficient on its own to support prices and encourage any increases.
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31 July 2009
Mills are expected to attempt to increase prices further in the coming weeks, despite the fact that the recent upturn could be only a temporary surge due to a combination of the increases in demand mentioned above and the tightness in supply – European mills have been vigilant in restricting output in the second quarter:
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29 June 2009
Automotive demand shows promising signs
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01 June 2009
Egypt remains attractive to exporters
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30 April 2009
Chinese producers of HDG have also been offering material into Europe throughout the month
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31 March 2009
Prices approaching mills’ operating costs