Chinese HDG market is seeing stable prices. Exporters, who have managed to raise quotes by $10/t last week amid growing demand from South America, Europe and Asia, are currently keeping offers unchanged due to high buying activity as well as rather steady domestic quotations for HR and CR feedstock in the stockist market. Yet, they are still unable to lift prices as the purchases are not expected to grow in the nearest future. At the same time, HDG exporters do not plan to cut offers amid low stocks.
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