CRC Market Report May 2011
2011-06-17 08:55:44 【Print】
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The CRC market went down continuously during the month, most participants taking inactive attitude towards operations. Sources predict that transactions would not grow up in the coming week, and the price may further go down in the coming month.
1. Financial News
China Association of Logistics and Procurement released the PMI at 52.09% in April of this month, down by 0.5% compared with that in March. The downward trend showed the slight decline of the domestic economic growth.
The exchanged rate between RMB and USD reached 6.4845 by 31st May of the year, breaking the new high historical level.
1. Financial News
China Association of Logistics and Procurement released the PMI at 52.09% in April of this month, down by 0.5% compared with that in March. The downward trend showed the slight decline of the domestic economic growth.
The exchanged rate between RMB and USD reached 6.4845 by 31st May of the year, breaking the new high historical level.
