During the week ending January 20, average prices of pre-painted galvanized iron (PPGI) in the Chinese domestic market have continued their stable trend, while transaction activity in the domestic market is at low levels. Average PPGI prices in the local Chinese market are presented in the following table.
During the given week, with just around a week left before the Chinese New Year holiday, players in the domestic coke market have mostly maintained a wait-and-see stance and have kept their prices stable. It is thought that PPGI prices in the Chinese domestic market will continue to move sideways in the coming week.
| Product name | Spec. | Quality | City | Steel plant/origin | Price (RMB/mt) | Price ($/mt) | Weekly change (RMB/mt) |
| Thick color coated coils | 0.476 mm x 1,000 x C | CGCC | Shanghai | NewDaZhong | 6,850 | 997 | 0 |
| Guangzhou | Huamei | 6,660 | 969 | 0 | |||
| Boxing | Guanzhou | 5,250 | 764 | 0 | |||
| Average | - | 6,253 | 910 | 0 | |||
| Thin color coated coils | 0.426 mm x 1,000 x C | CGCC | Shanghai | NewDaZhong | 7,050 | 1,026 | 0 |
| Guangzhou | Huamei | 6,760 | 984 | 0 | |||
| Average | - | 6,905 | 1,005 | 0 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.87