Market Activity & Analysis

Market activity picked up overnight after a slow start with more bids, including a few close to or at last week’s trading levels. China buyers are still asking for delivery ahead of January 1 on concerns that new tariffs could be tacked on purchases once they arrive in port. The window of time for these sales is closing, which in the short run could firm the market, however, it leaves open the possibility of a let off for any December shipment…