Prices for WMP and SMP slid  compared to GDT event #350 and the previous event, at this week’s Pulse auction.

Regular WMP C2 prices fell US$100/t to US$3,230/t from GDT #350, down US$105/t from the Pulse event #44. Medium heat SMP fell US$75/t from GDT #350 to US$2,715/t with prices US$55/t lower than the previous Pulse event.

36 bidders turned up to this week’s Pulse auction with 21 winning bidders leaving with 1,942t after 10 bidding rounds that stretched over 20 minutes.