News
GMS weekly report on Pakistan ship breaking industry for WEEK 07 2012 - 22 Feb, 2012
A handful of Pakistan buyers were still there to offer on units albeit at prices well below the expectations of both cash buyers, brokers and Sellers.

Indian prices picked up a touch off the back of a settling currency and improving steel plate prices something that dragged Pakistan levels with them.

The available candidates though were either holding out for higher numbers or headed to rival delivery ports with geographic positions of vessels now key with all markets currently close together on price.

(Sourced from GMS Weekly)





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Price Index - MEA
  May-03 Apr-26
MLPPI 4928 4928 Same
MFPPI 5964 5943 Up
MEASPI 5242 5236 Up
Currency Rates
18 May, 2012
USD 1.0000
AUD 1.0164
BRL 2.0089
CAD 1.0208
CNY 6.3278
EUR 0.7889
GBP 0.6344
INR 54.7630
JPY 79.4544
RUB 31.1196
ZAR 8.3932
Source: http://www.xe.com
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