In the US, on the other hand, the strong demand put upward pressure on import
prices, and they reached a record USD 984/tonne on average in 2012, or 1.7 percent
above last year’s the level. Prices were particularly high during February, March and
April 2012, exceeding USD 1 000/tonne. Import prices in Japan declined from an
average of 67 250 yen/tonne in 2011 to 63 983 yen/tonne in 2012, corresponding to a
4.9 percent decline. In dollar terms, the reduction has been similar, and the average
price stood at USD 802/tonne, almost identical to the EU import price. A strong
seasonal variation, also observed in previous years, marked the prices in Japan during
2012: prices in April and May were almost one-third higher than those in January
and February. In contrast, import prices in China, expressed in US dollars, tend to
increase in the second half of the year. Between 2011 and 2012, the average annual
import price in China showed a remarkable improvement from USD 490 to USD 599
per tonne.
In the US, on the other hand, the strong demand put upward pressure on importprices, and they reached a record USD 984/tonne on average in 2012, or 1.7 percentabove last year’s the level. Prices were particularly high during February, March andApril 2012, exceeding USD 1 000/tonne. Import prices in Japan declined from anaverage of 67 250 yen/tonne in 2011 to 63 983 yen/tonne in 2012, corresponding to a4.9 percent decline. In dollar terms, the reduction has been similar, and the averageprice stood at USD 802/tonne, almost identical to the EU import price. A strongseasonal variation, also observed in previous years, marked the prices in Japan during2012: prices in April and May were almost one-third higher than those in Januaryand February. In contrast, import prices in China, expressed in US dollars, tend toincrease in the second half of the year. Between 2011 and 2012, the average annualimport price in China showed a remarkable improvement from USD 490 to USD 599per tonne.
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