08 Dec 2021
While sellers are mostly carrying lower than usual on-hand inventories, the near-term expectations are not all sanguine.
07 Dec 2021
The number of transactions recorded on the second trading day of the week improved visibly, underlining the improving trading sentiment
While proceeding with new purchases, Southeast Asian buyers continue to hold a cautious stance citing the persistently sluggish end-product businesses.
The market tends to focus more on the state of emergency declared by the Ningbo Zhenhai municipal government to contain the COVID-19 outbreak here.
06 Dec 2021
The reductions appear too minor to entice demand overseas, especially in Southeast Asia and even in South Asia, where prices have been deteriorating rapidly thanks to the aggressive South Korean suppliers.
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.
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