Eastern China (Shanghai):
4,110-4,120 yuan ($626-627) per tonne, narrowed by 10 yuan on both ends
Sellers kept prices high despite a weakening of trading activity in response to a subdued futures market during the day, a Shanghai-based trader said.
He expects spot prices to remain high in the short term on a largely optimistic market boosted by China’s continual economic recovery.
The country’s infrastructure...