China AM: Rebar, coking coal futures surge after holiday

China’s ferrous futures rose during morning trading on Wednesday April 5 after trading was halted for a public holiday, with the rebar contract boosted by news of a new economic zone in the country while that for coking coal reacted to after-effects of Cyclone Debbie in Australia.

Futures closing prices – morning session
Shanghai Futures Exchange
October rebar: 3,246 yuan ($471) per tonne, up 48 yuan ($7) per tonne
October hot rolled coil: 3,207 yuan ($466) per tonne, up 7 yuan ($1) per tonne
Dalian Commodity Exchange
September iron ore: 566 yuan ($82) per tonne, up 9 yuan ($1.30) per tonne
September coking coal: 1,319.50 yuan ($192) per tonne, up 36 yuan ($5) per tonne

Tangshan billet price: 3,140...


July Zhang

April 05, 2017

08:19 GMT