DCE hits another roofer today as it closed at RMB 873 a tonne in the afternoon session, up RMB 39.50 or 4.74% on-day.
DCE formed a V-shape today, started off with a dive before recovering back toward opening level.
DCE saw a correction today after reaching a day-high of RMB 819.50 a tonne before plunging under the RMB 800 mark to close at RMB 798.50 a tonne.
DCE closed at RMB 814 a tonne on Monday, down RMB 9 on-day, while rebar futures went red hot and finished at RMB 3,904 a tonne, up RMB 88 or 2.31%.
DCE rallied again today and cleared the RMB 800 a tonne ceiling, and even reached all-time high of RMB 812 a tonnes at one go.
DCE hit another roofer today, soaring to RMB 786 a tonnes at day closing, up RMB 16 on-day and recovering from the slump seen on Monday.
DCE had a pullback from the highs seen in last week to settle around RMB 768.50 a tonne on Monday, down RMB 19.50 or 2.47% on-day.
DCE closed the day at RMB 781.50 a tonne, up RMB 11.50 on-day, thanks to a last 10-minute market short squeeze.
DCE gains RMB 19 on-day to RMB 764 a tonne today, rather tame as compared to the hitting the upper trading limit on Tuesday.
DCE hit a roofer today and reached the daily limit at the closing. Throughout the morning session, the DCE climbed to new heights since its opening at RMB 730 a tonne.