Author: Romil Sethi
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South Asia: Ship breaking import prices stable w-o-w amidst mixed sentiments
Ship-breaking import prices in key recycling markets – Bangladesh, India and Pakistan – remained stable, w-o-w. The high volatility in prices amidst the ongoing war has put a pressure on end buyers, refraining them from taking positions. Despite elevated price levels, buyers placed competitive bids owing to the shortage of units in the global ship…