“These are just numbers that we have discussed so far. No firm offers have been made,” a market participant said.
The numbers we are hearing are below $150 per tonne, a trader said, adding that “quarterly benchmark is set for a fall”.
“Some offers are below $150,” a third market participant said, highlighting that weak demand and high inventories in the Japanese market as the reasons behind the fall from current quarter premiums.
Another market participant said the talks had started...