Chinese futures continued the downward slope since the start of the week, as market participants waited for clearer market directions.
Chinese futures ended the afternoon session in slight gain, as trade participants waited for further market directions.
Chinese futures suffered a dip on Monday, as market participants seek for market directions amid uncertainty.
Among the falling commodity market, the iron ore market only seemed to defy gravity and held on to high prices unlike others.
Chinese futures dropped on Tuesday, due to slow down in restocking activities.
Capesize paper market continued to run out of the steam and fell for the third consecutive day amid bearish market sentiments.
Chinese futures slipped over concerns over steel demand as various steel-related industry had suspended operations outside of China.
Capesize paper market rallied on decent shipping demand after being well supported by both the Pacific and Atlantic basins.
Capesize paper market traded on high with firm support from the Atlantic market.
Chinese futures gained on Wednesday on better buying activities as the Chinese participants were more active in the market after long holidays.