During the week ending February 13, pre-painted galvanized iron (PPGI) quotations in the Chinese domestic market have indicated a stable trend, while overall transaction activity has remained poor, especially given the proximity of the Spring Festival holiday (Feb. 18-24). Average PPGI prices in the local Chinese market can be viewed in the SteelOrbis price reports section.
During the given week, most PPGI producers have already started their holiday or have been getting ready to start their holiday, resulting in stagnant activity. Since there are only a few working days left before the Spring Festival, it is expected that PPGI prices in the Chinese domestic market will move on a stable trend in the coming days.