September 06, 2008

Japan raises tinplate export prices to Asia

It is reported that Japan’s export price of tinplate to other Asia countries will rise by USD 30 per tonne in the first quarter of 2008.

The report added that Japanese mills have finished the price negotiation with China, Thailand and Malaysia's tinplate producers. The negotiation in the next first quarter will switch to three-month contract, when it was usually six month.

It is expected that the tinplate demand in China may increase by about 10% from 2.4 million tonnes to 2.7 million tonnes and the demand in South East Asia countries may also increase.