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GMS Market Commentary on Shipbreaking in Week 40 in India - SURPRISINGLY STATIC!-The 21st China(Guangzhou) Die-casting, Foundry & Industry Furnace Exhibition
10/10/2019 - Die-casting expo-foundry expo |
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An extremely static week has ensued in India, with very few serious numbers emanating from Alang, despite the gains posted (and sales above USD 400/LDT) from a Bangladeshi market that seems to be firing up once again. Even at these lower realities in the mid USD 300s/LDT, it is startling to see so few serious and realistic numbers emerging, with End Buyers seemingly keen to see how low they can go, in an ongoing attempt to secure available tonnage (particularly HKC green) at very cheap rates!
Despite this frustrating approach, most Cash Buyers seem tempted to accept some of the far-below market numbers on show, with fewer market vessels now for sale and competing markets picking up once again.
壓鑄展-鑄造展-2020第二十一屆廣州國際壓鑄、鑄造及工業爐展覽會-中國最受關注的壓鑄鑄造展會-巨浪展覽
-The 21st China(Guangzhou) Die-casting, Foundry
& Industry Furnace Exhibition
-Die-casting exhibition, Die-casting
expo,2020 Die-casting exhibition, 2020 Die-casting expo, China Die-casting
exhibition, China Die-casting expo, Foundry exhibition, Foundry expo, 2020
Foundry exhibition, 2020 Foundry expo, Industry Furnace exhibition, Industry
Furnace expo, 2020 Industry Furnace exhibition, 2020 Industry Furnace expo,
China Industry Furnace exhibition, China Industry Furnace expo
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