CRC Market Report November 2011
2011-12-01 08:45:44 【Print】
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This month, Chinese domestic CRC prices recorded a downward trend in prevailing markets for the reason of the weak demand from downstream customers, and the market performed slowly
. As most customers were not willing to make deals in large quantities but just holding a wait-and-see attitude when the market situation was not steady, traders became worried about the market and they would like to promote sales with lower offers in order to avoid potential losses . Insiders predict Chinese domestic CRC market is unlikely to recover in the following month.