CHINA REBAR: Domestic prices rise, export prices down

December 28, 2018 / www.metalbulletin.com / Article Link

China's domestic rebar prices increased slightly on Thursday December 27 on early futures gains, while export prices decreased slightly.

Domestic Eastern China (Shanghai): 3,760-3,800 yuan ($545-551) per tonne, up 20 yuan per tonneNorthern China (Beijing): 3,630-3,670 yuan per tonne, up 20 yuan per tonneRebar futures opened up on Thursday morning amid the higher openings on the domestic stock markets, encouraging spot market traders to raise their prices. Trading activity was far from strong, however, as futures turned negative in...

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