From mid-February to mid-March, we have seen pick-ups in Chinese seamless linepipe fob prices; Chinese seamless linepipe API 5L X65 jumped to $1,225/tonne with monthly increment of $30/tonne, while grade B linepipe is marked at $955/tonne, up $10/tonne month-onmonth. In addition, the OCTG sector saw price increases except casing P110 (premium connection) which remains at $1,365/tonne: JK55(btc connection) now is $1,110/tonne and P110 (btc connection) is $1,300/tonne, up by 0.9% and 4.8% from last month.
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