Sideways movement in slack Chinese PPGI market

During the past week ending June 29, mainstream quotations of pre-painted galvanized iron (PPGI) in the Chinese domestic market have moved on a stable trend, while traders lack optimism for the future market. Average prices of PPGI in China can be viewed in the SteelOrbis price reports section.        
 
Demand has remained lackluster in the Chinese domestic PPGI market, while traders are generally relying on their long-term customers for business. There have been reports of supply shortages in certain cases, but these are insufficient to support the upward movement of prices..
 
It appears difficult for the Chinese PPGI market to emerge from its sluggishness in the short term, and so prices in the market are unlikely to trend upwards.