Stable trend but lower transaction volume in Chinese PPGI market

During the week ending October 26, pre-painted galvanized iron (PPGI) prices in China have followed a stable trend. Average PPGI prices in the Chinese market can be viewed in the SteelOrbis price reports section.       
 
New arrivals of supplies have been observed in the Chinese domestic PPGI market. The overall market transaction volume has declined, while an atmosphere of uncertainty prevails in the market. Traders are not so inclined to raise their offers given the existing levels of competition in the market. PPGI prices in China are expected to witness just slight or no changes in the coming week.