China's spot market dynamics: The average price of 20mm grade 3 seismic rebar in 31 major cities across the country is $540.40/ton, down $1.54/ton from the previous trading day; the Shanghai rebar dollar price index closed at $522.71, down 0.89%. Specifically, yesterday's rebar futures fluctuated weakly, market quotations loosened accordingly, apparent demand was sluggish, and transactions were mediocre. In terms of turnover, the turnover continued to decrease compared with yesterday, and the turnover hit a new low recently. It generally expects that the price of the national building materials market will be weak today.