date:Oct 22, 2015
% rise in 2016.
Higher prices lead to higher prices
Mr Spainhour added that Tuesdays dip in prices could herald a quieter time for the market, removing urgency from buying decisions, particularly by Chinese importers, which had been fuelled by rising markets.
Since August, weve seen higher prices lead to higher prices, he said, as rising values prompted buyers to act before the market rose further still.