Chinese coke producers have kept their prices unchanged for large orders

Friday, 08 March 2013 17:03:52 (GMT+3)   |   Shanghai
During the week ending March 8, pre-painted galvanized iron (PPGI) prices have moved on a stable trend in the Chinese domestic market. Average PPGI prices in the Chinese market can be viewed in the SteelOrbis price reports section.

Over the past week, PPGI prices in the Chinese domestic market have remained stable, though some traders state that slight price downticks have been seen in actual transactions. Currently, ex-China PPGI sales to the export market, mainly to Southeast Asia and South America, have declined, while sales volumes in the domestic market have also contracted. Moreover, against the background of increased antidumping measures against Chinese PPGI materials, Chinese PPGI products may face greater difficulties in the export markets in the future.

Overall, it is thought that PPGI prices in the Chinese domestic market are unlikely to move up and may instead follow a soft trend, especially given slow demand and good availability of supplies in the spot market. 

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