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16 Jun
15:27

Traders discuss Vietnamese rebar booking to Singapore

A recent Vietnamese rebar booking to Singapore has sparked interest among traders, Kallanish notes. They discussed the possible reasons for the transaction and the deal price. A 40,000-tonne cargo of theoretical-weight rebar for August shipment from a leading Vietnamese mill was ordered during the week of 16 June at around $560/tonne cfr Singapore, Vietnamese mill sources say. Singapore trading sources heard that the booking price was $540/t fob which tallies with…
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