Week 31

Week 31

The market experienced a slight increase in raw materials prices, with Hainan at RMB 8.2/kg and Guangdong at RMB 8.4/kg. In Hainan, due to the larger scale of factories, the collection price reached RMB 8.4/kg to secure more materials. The supply was short, and the trend was towards increasing prices. Factories had orders but were not as active as in previous months, indicating a cautious approach in the current market scenario.

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