This week’s Pulse event was mixed with WMP prices steady while SMP slid.

Regular grade WMP rose US$5/t to US$3,100/t compared to the prior Pulse event, remaining above prices achieved at GDT #360. In spite of the lifts, WMP prices remain on a downward trajectory since late May.

Medium heat SMP prices finished US$15/t lower at US$2,480/t compared to last week’s Pulse event and US$65/t lower than prices achieved at GDT#360.

The Pulse event lasted 20 minutes over 10 rounds where 26 winning bidders took home all 1,750t of product on offer.