13 Jun 2022
Market confidence in the near-term outlook is dissipating rapidly on the concerns that more areas would be placed under movement restrictions as the authorities escalate testing and contract tracing.
10 Jun 2022
Transactions on the Shenhua auction platform fell sharply on the final trading day of the week as the partial lockdown in Shanghai and Beijing dampened market confidence in the near-term outlook.
Dalian Commodity Exchange is not the only trading platform suffering from the latest development, but also the Shenhua auction.
09 Jun 2022
Although the number of transactions has declined slightly from the previous session, Chinese bidders continue to portray strong buying interest on the Shenhua auction platform.
Obviously, customers reject the new offers. But all producers are working to lift prices up because their profit margins have been squeezed for quite some time now.
Following two consecutive sessions of tracking the stable trend, local suppliers once again received the support from firmer futures markets and improving demand outlook.
08 Jun 2022
Chinese buyers continue to procure cargoes on the Shenhua auction platform given the competitiveness in terms of pricing.
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