Tag: Indian CRC export offers to EU drop by $10/t w-o-w amid sluggish market sentiments

Indian CRC export offers to Europe (EU) fell by $10/t w-o-w to $740-745/t CFR ($690-700/t FOB east coast India). Despite a significant drop in prices, buying activity remained subdued due to the Holi festival in India. Sources report that many buyers are delaying inventory restocking in Europe. Factors influencing prices Decline in global CRC offers:…