Supply still seen as tight.
All suppliers continue to indicate tight supply. Some large end users say the are contracting forward with a view to securing their Q4 2014 needs.Transaction prices for such contracts are around EUR 3.25 - 3.30 Kg depending on terms and conditions.
Offers for spot lots remain in a range EUR 3.40 - 3.50 Kg.
End users in Europe say supply is tight but all deliveries are being executed on schedule.
Supply is expected to remain tight for the coming months as no sugnificant additional capacity expected to come to the market before earliest mid/late Q4 2014.