CHINA REBAR: Futures drops to two-month low

China’s domestic rebar prices decreased on Thursday October 21 on weaker demand amid plunging futures.

Eastern China (Shanghai): 5,630-5,680 yuan ($881-888) per tonne, down by 60-70 yuan per tonne

China’s biggest thermal coal producer, China Energy Investment Corp (China Energy), said during the day that it would raise production and lower prices. This led to thermal coal futures falling to the daily lower limit for a second...


Jessica Zong

October 21, 2021

09:30 GMT