27 Jan 2021
Transactions are satisfactory even at the higher prices compared to the previous trading day.
Stocks at major local producers’ warehouses fell below the 500,000 tons threshold for the first time in a year.
26 Jan 2021
Demand in Malaysia has been declining in recent weeks as a result of the renewed COVID-19 lockdown and the approaching Lunar New Year.
Buyers argued that with the on-going COVID-19 related lockdown and the approaching Lunar New Year holiday, it is very difficult for the import market to register any strong rebound.
Transactions on the Shenhua auction platform once again show improvement despite the fact that prices remain largely unchanged from the previous trading day.
Sentiment in the domestic spot market remains average on the second trading of the week.
25 Jan 2021
The price cuts are very much expected considering the lack of purchasing interest among local buyers.
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