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Echemi Market Analysis (Update on 2018-01-15)

Analysis: The PMA price in Wuxi Baichuan was RMB 11,200/mt and the PM price was RMB 12,200/mt. The prices mentioned above were no packing prices and the prices increased RMB 800/mt in barrel. The PMA price in Jiangsu Tianyin was RMB 11,900/mt and the PM price was RMB 12,700/mt. The inventory was low and the supply was tight. The PMA price in Jiangsu Hualun was RMB 12,000/mt and the PM price was RMB 13,300/mt, including packaging. The supply was low.
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