CRC Market Report December 2011

This month, Chinese domestic CRC prices recorded a downward trend in most prevailing markets for the reason of the weak demand from downstream customers, and the market performed slowly.Asian Metal Copyright As most customers were reluctant to make deals in large quantities but just holding a wait-and-see attitude when the market was not steady, traders became worried about the market and they were eager to promote sales with lower offers in order to avoid further losses when most of them had suffered a big loss caused by the price gap between the purchase cost and the spot price.Asian Metal Copyright As most customers were reluctant to make deals in large quantities but just holding a wait-and-see attitude when the market was not steady, traders became worried about the market and they were eager to promote sales with lower offers in order to avoid further losses when most of them had suffered a big loss caused by the price gap between the purchase cost and the spot price.Asian Metal Copyright .Asian Metal Copyright Seeing the most important Chinese Spring Festival is coming with a 7-day holiday in January, insiders predict Chinese domestic CRC market is unlikely to recover in the following month.



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