Chinese futures slipped slightly on Monday, despite a strong opening due to supply tightness of port inventories.
Chinese futures slipped toward the closing session after a rally in morning session on pre-holiday restocking demand.
Chinese futures inched up slightly amid weak global steel outlook, against recovering steel demand and output in China.
Chinese futures rose on Wednesday despite some earlier losses at the start of the session.
Chinese futures slipped over concerns over steel demand as various steel-related industry had suspended operations outside of China.
Chinese futures remained on fire after last week rally, as industry concerns over tightening supply with Vale’s revision of its annual output guidance for 2020.
Chinese futures dipped into the negative growth on Thursday, over concerns of bearish market outlook.
Chinese futures inched up slightly on Wednesday, over concerns on limited iron ore shipments and lower steel stockpiles.
Chinese futures hiked up on Tuesday, on better buying interests and concerns over lower iron ore shipments from Australia and Brazil.
Chinese futures dipped slightly on Monday, due to the absence of trade participants away for the long Easter holidays.