During the week ending February 14, pre-painted galvanized iron (PPGI) prices in the Chinese domestic market have been characterized by an upward trend. Average PPGI prices in the Chinese market can be viewed in the SteelOrbis price reports section.
Overall transaction activity in China's domestic PPGI market is still at low levels. Most traders have little confidence in the prospects for a market recovery in the short term. As regards the coming week, it is expected that Chinese domestic PPGI prices will mostly move on a sideways trend, while it is unlikely that traders will be able to increase their prices further.