Morning Report: Cautious Market Sentiment Among Traders; PC Market Expected To Consolidate Today
On the previous working day (March 12), the domestic PC market in China traded sideways. International crude oil and upstream products along the value chain rebounded slightly, partially recovering from earlier declines. Consequently, although profit-taking activities persisted in the market, no significant downward movement emerged, and market sentiment stabilized, with quotations for certain grades rising modestly. Outlook for today: Profit-taking continues to be digested; macroeconomic and upstream market developments remain volatile, leading participants to adopt a wait-and-see stance and trade on a just-in-time basis. The domestic PC market is thus expected to trade sideways today.
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