bearish

Spot Activity Moves Forward, Prices Close To Floor

3 Views23 Sep 2022 19:09
The shift in the buying pattern during the week despite underscored expectations for tighter monetary policy and a slowing global economy could indicate that the spot prices are finally nearing the floor. The market, however, remained divided on the rationale behind the shift in the buying pattern, with some attributing it to possible positives in the upcoming China congress while others feel the prices have very little room for correction.
What is covered in the Full Insight:
  • Introduction
  • Impact of Buying Pattern Shift
  • Market Sentiments and Pricing Trends
  • Regional Insights: Indonesia, China, Thailand, and Africa
  • Raw Material Market Analysis
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