Eastern China (Shanghai):
3,720-3,750 yuan ($532-536) per tonne, up 10 yuan per tonne
Northern China (Beijing
): 3,640-3,660 yuan per tonne, narrowed upward by 10 yuan per tonnes
The People’s Bank of China (PBOC) on Monday lowered the rate on its one-year medium-term lending facility (MLF) loans to financial institutions to 3.25% from 3.30% previously, its first cut in the...