Pakistan emerged as perhaps the one bright spot in
the sub-continent markets with enquiries emerging for all types of vessels at
steadied numbers. The surprising aspect is that Gadani buyers have tended to
mirror the sentiments of neighboring India and have positioned their prices
just behind.
To this end, a number of local sales reportedly took
place, from cash buyer inventories (both ‘as is’ and delivered) that may have
been previously earmarked for either Bangladesh or India.
With a number of larger tankers in play (gas free for
man entry only), Gadani buyers may be set to acquire some juicy units over the
monsoon months whilst both India and Bangladesh lay low.
Source: steel guru.
17 Jun 2014
No comments:
Post a Comment