Shanghai futures exchange hot-rolled coil futures slipped to 3
Shanghai Futures Exchange hot-rolled coil futures slipped to 3,980 CNY/ton, pressured by oversupply concerns. Sector forecasts signal a possible recovery if export orders rise in Q All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Zhou Xiaoquan, executive deputy director of Shanghai’s finance bureau, noted that the expanding product range and pricing capabilities of the local futures market are enhancing its role in supporting domestic companies going global, while advancing China’s goals for high-quality economic development, financial reform, and greater openness. Silver contracts on the Shanghai Futures Exchange jumped to 5,670 CNY/kg, following a rally in global spot prices. Momentum indicators suggest continued upside if industrial metal demand accelerates alongside fiscal spending.
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