Prices were mixed at the latest GDT Pulse auction compared to last week’s GDT event.

Regular grade WMP settled at US$4,105/t—unchanged from GDT #373 and 2.4% higher than the prior Pulse event. The nearest SGX-NZX futures price contract settled slightly higher at US$4,145/t.   

Medium heat SMP prices fell 5.3% to US$2,835/t from GDT #373 and declined 0.2% compared to prices achieved at the previous Pulse event. The nearest SGX-NZX futures contact settled higher at US$2,980/t.