China's spot market dynamics: the average price of 20mm grade 3 shock-resistant rebar in 31 major cities in China was $526.98 per ton, down $0.42 from the last trading day; Shanghai rebar dollar-denominated index closed at $507.91, up 0.43%. Specifically, yesterday's early market prices were weak and shaky. Although the government issued the policies to support the steady development of the real estate market, boosting market confidence, thus some merchants have tentatively risen in prices. However, the effect of high turnover is still weak. After the afternoon market situation shocked lower, merchants reduced prices and volume-oriented, turnover increased compared with the previous day. The comprehensive expected to today's national building materials market prices are stable and strong in operation.