Eastern China (Shanghai):
3,440-3,450 yuan ($485-486) per tonne, narrowing downward by 10 yuan per tonne
Northern China (Tangshan):
3,350 yuan per tonne, unchanged
A Shanghai-based trader said he had to cut offers slightly from yesterday, with buyers taking a wait-and-see position after futures declined in the morning.
But trading picked up after he cut offers to 3,440 yuan per tonne, he said.
A second Shanghai-based trader believes demand will keep growing over the next few weeks, with China allowing more active business operations as the coronavirus comes under better...