SMM Steel Morning Summary: Futures Fluctuate Narrowly, Market Confidence Lags Amid Weak Spot Prices and Low Trading Momentum

게시됨: Oct 23, 2024 07:40
【Summary of SMM Steel Morning Meeting: Futures Contract Experiences Fluctuations and Market Confidence Seems Insufficient】Yesterday, steel futures contract experienced narrow fluctuations and closed at 3,349 points, with a decrease of 0.15%. In terms of spot market, prices in various regions remained weak today, with subdued trading activity. Speculative demand was scarce, end-user purchasing was cautious, and overall transactions throughout the day were less than those of the previous trading day.

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【Summary of SMM Steel Morning Meeting: Futures Contract Experiences Fl - Shanghai Metals Market (SMM)