China’s return from holiday will be key to the next price move

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China’s return from holiday will be key to the next price move

机译：中国从假期回来将是关键下一个价格

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The break in the market brought by Lunar New Year has also provided a pause to what had become a downward price trend in import/export prices. In the quiet days leading up to the holiday, Chinese export prices settled at $641 /t for HR coil and $613 /t for rebar, largely unchanged since the final days of January (see chart 1). This represented a stabilisation following a downward trend in HR coil prices in place since Christmas. In turn that trend was reflective of a declining domestic market, as January’s demand came in less strongly than was the case in December.

机译：农历新年带来的市场突破还提供了一个暂停,已经变成了什么进口/出口价格下降的价格趋势。安静的天假日,中国人出口价格收于641美元/人力资源线圈和t613美元/ t钢筋,自基本未变最后1天(见图表1)。代表着稳定下降人力资源线圈价格趋势自圣诞节。反过来,这一趋势反映了下降国内市场,随着1月份的需求少比去年12月的情况。

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《Global Steel Trade Service》 |2021年第2期|1-2|共2页
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Holidays; Prices;

机译：假期;价格;

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China’s return from holiday will be key to the next price move

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