Entering December, the market opened weakly as scheduled. The offer range was around 8,900-9,050 RMB/ton, but the demand from downstream factories was average. In the afternoon, the holders made profits and sold the goods at low prices. It was heard that the transaction in Jiangsu reached 8,800-8,750 RMB/ton, and the mainstream offer was still at 8,850-8,900 RMB/ton. After the continued decline, large holders were not willing to sell goods. The port was slightly higher than that by 50-100 RMB/ton. The actual order needs to be increased, and the transaction needs to be followed up.
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