06 Dec 2021
Deal prices on the Shenhua auction platform fell sharply from the previous session, which gained healthy responses from the market.
Sources said that the persistently weak demand and the recent corrections in the import ground are attributed to the latest price reductions.
Several traders reported having achieved less than satisfactory sales results throughout the early trading hours, though hoping to lure buyers back to the market by opening to negotiations.
03 Dec 2021
Deal prices continue to decline on the Shenhua auction platform on the final trading day of the week
Trading sentiment in the domestic spot market remains steady as buyers continue to make small replenishment as prices softened.
Apparently, the pessimism derives from a whole package of concerns including the uncertain governmental policies, the increasingly challenging shipping issues that hurdle export activities, and the slumping energy complex.
02 Dec 2021
In spite of the limited quantity available, the number of transactions fall steeply toward the end of the week as the producer attempt to lift the prices
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