SMM

SHANGHAI, Sep 26 (SMM) - DMC plants in Shandong lowered offers by 400 yuan/mt over the past weekend to 17,600 yuan/mt. And the prices continued to drop on Monday. As logistics will be affected ahead of the upcoming National Day holiday, DMC plants in Shandong are now in a rush to sell, and cut their quotations by another 200 yuan/mt today to 17,400 yuan/mt. The quotations of the top-tier DMC plants fell by 700 yuan/mt to 18,800 yuan/mt.  The sales promotions may be about to end soon in the last trading week before the week-long holiday.