Eastern China (Shanghai): 3,740-3,790 yuan ($559-567) per tonne, down 10 yuan per tonne
Northern China (Beijing): 3,730-3,780 yuan per tonne, down 10-20 yuan per tonne
Sellers with a lot of inventory came under pressure to lower their prices to stimulate buying interest and sell more volumes.
With demand rising slowly but steadily this week, the lower prices could encourage end users to raise their procurement rates.
Stockists bought at slower rates, however, since their inventories...