April 2020: Korean Market Update


Korean Market Update


KAU19 prices repeatedly fluctuated between KRW 38,000 to KRW 39,000 as KRW 40,000 acted as a resistance level for a while. From mid-March, transactions of KRW 40,000 and above has continued, accompanied by an increase in trading volume. 

Trading volume in March more than doubled compared with the previous month to reach 528,859 tons (81.5% through intraday and 18.5% through negotiations).

[published: 2020-April-03]