China AM: Futures rangebound after turnaround

China’s ferrous futures were largely rangebound during morning trading on Friday May 12, after recording a rebound in the daytime on Thursday and a retreat in the night session.

Futures closing prices – morning session
Shanghai Futures Exchange
October rebar: 2,990 yuan ($433), down 8 yuan ($1.16)
October hot rolled coil: 2,874 yuan ($416), down 17 yuan ($2.46)
Dalian Commodity Exchange
September iron ore: 451 yuan ($65), down 1.50 yuan ($0.22)
September coking coal: 1,008.50 yuan ($146), up 10 yuan ($1.45)
Raw materials

Vale offered for a second day on the Beijing Iron Ore Trading Center 112,740 tonnes of 65% Fe Iron Ore...


July Zhang

May 12, 2017

06:22 GMT