Regular grade WMP rose US$10/t to US$3,095/t from GDT #360 at this week’s Pulse but is US$55/t lower than the event a fortnight ago. The nearest SGX-NZX futures contract settled at US$3,020/t prior to the event. Medium heat SMP prices finished US$50/t lower than GDT#360 at US$2,495/t and US$55/t lower than prices achieved at the previous Pulse event.
The event spanned 8 rounds, lasting 16 minutes with 26 winning bidders taking home all 1,750t of product on offer.
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