China remains firm, though signs of a slowdown in the upward trend appear
Editor: Rafael Tardáguila
rafael@tardaguila.com.uy
Demand from China remains strong and the market is firm, but this week there were signs of a slowdown in the recent upward price trend after significant increases in previous weeks. Exporters are becoming more cautious, recalling past experiences in which, after a sharp upward spiral in prices, the market turned and contracts were left unfulfilled or buyers attempted to renegotiate.
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