CRC Market Report January 2014
2014-02-11 09:06:01 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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Prices of CRC in Chinese leading markets went on falling down this month because of the weakened support from production cost and shrinking demand from downstream customers. After the second half of the month, most participants began to retreat from the market, so traders had little intention to adjust quotations and paid little attention to the sales. As the demand from downstream industries is likely to release slightly after the holiday, insiders deem the CRC price will go up next month, but the room is limited.
