Substantial increase in MEPS-Global All Products Composite price for April
KUALA LUMPUR: A substantial increase of US$80 (RM256.6) per tonne was noted in the MEPS-Global All Products Composite price last month. Advances were also recorded for all categories in all regions researched during April, according to a statement by MEPS on May 11. This was due, mainly, to considerable increases in mill input expenditure coupled with supply shortfalls in some areas.