CHINA REBAR: Domestic prices mixed on mild movements in futures market

February 20, 2019 / www.metalbulletin.com / Article Link

China's domestic rebar prices were mixed on Tuesday February 19 amid some fluctuation in the futures market, with those in the eastern region holding steady while prices in the north fell.

Domestic Eastern China (Shanghai): 3,700-3,750 yuan ($547-554) per tonne, unchangedNorthern China (Beijing): 3,750-3,780 yuan per tonne, down 40-50 yuan per tonneTraders in eastern China kept prices unchanged to wait for more buyers to return to the market after the Chinese New Year. The small movements in the futures market kept spot prices stable to an extent, a trader in the region said.But in northern...

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