Supply on short side in Chinese domestic PPGI market

Friday, 16 August 2013 14:44:56 (GMT+3)   |   Shanghai
During the week ending August 16, pre-painted galvanized iron (PPGI) prices in China have maintained a stable trend. Average PPGI prices in the Chinese market can be viewed in the SteelOrbis price reports section.

Due to short supplies of materials, domestic PPGI offers in China are still at relatively high levels. However, as market insiders indicate, actual market demand is far from being satisfactory. As regards the short term, it is thought that prices in the Chinese domestic PPGI market will probably trend up slightly.

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