After the Spring Festival holiday, demand in the Chinese domestic PPGI market has not improved in line with market participants' expectations. Some traders, especially in the south, have been increasing offer prices with the support of higher costs, while many traders have been maintaining a wait-and-see stance and keeping their offer prices stable. Traders have told SteelOrbis that demand from end-users has not yet been released and that they may adjust their offer prices when demand indicates an improvement.
As for the coming week, it is thought that PPGI prices in the Chinese domestic market may fluctuate within a limited range.