Domestic
Eastern China (Shanghai): 4,280-4,300 yuan ($651-654) per tonne, up 80 yuan per tonne
Most traders received orders at 4,280-4,300 yuan per tonne in Shanghai on Wednesday, with one telling Fastmarkets that their downstream customers rushed to restock in fear of further price gains. They did so especially after futures prices climbed continuously on Wednesday, the trader said, adding that he believes futures price gains were partly due to inventory losses in the past week.
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