DCE came under the RMB 600 a tonne level on Wednesday on bearish market sentiments.
DCE fell slightly by 0.96% on-day to RMB 617 a tonne on Monday, after experiencing some support in the morning session before a selloff at the afternoon.
DCE fell for third consecutive day by 5.37% day-on-day to RMB 660.50 a tonne, due to weaker Yuan against US dollar.
DCE finished under the RMB 700 a tonne on Monday, in view of the escalating trade tension between the US and China.
DCE fell slightly by 0.13% on-day to RMB 763 a tonne after a pullback from high rally seen earlier in the morning trading session.
DCE had a late squeeze by the end of afternoon session to close on the positive after being in negative region for most of the time.
DCE ended the week stronger with market expectation of higher steel productions for China’s various infrastructure projects amid relaxed output restriction.
DCE slid down by 2.66% on-day to RMB 860 a tonne on Wednesday, after traded an intraday high of RMB 877.50 a tonne, and traded an intraday low at RMB 842 a tonne.
DCE faced upward pressure and dipped by 1.73% on Tuesday to close at RMB 880 a tonne by the end of afternoon session.
DCE reached RMB 916 a tonne on Friday, up 2.35% on-day after a dip below RMB 900 a tonne yesterday.