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Taiwan's coating re-roller mills to announce new prices for Dec on Nov 30

29 Nov 2022 16:52 reported by Claude Tseng

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Taiwan's coating re-roller mills will announce new prices for December tomorrow (November 30). With the US interest rate hike and inflation spike, global demand still remained weak. In addition, the domestic demand is not strong as it is close to the year's end.

Market participants said coating mills might try to keep the price flat in order to stabilize the market. If the price is stable, it will help downstream customers to lower the stock level. If coating mills drop the price, buyers will be more conservative and will take a longer time to recover the market demand.

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