Chinese futures inched up slightly amid weak global steel outlook, against recovering steel demand and output in China.
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 dipped slightly on Monday, due to the absence of trade participants away for the long Easter holidays.
Chinese futures continued to rally on Thursday on better buying interests and improved margins.
Chinese futures gained on Wednesday on better buying activities as the Chinese participants were more active in the market after long holidays.
Chinese futures rose slightly on Tuesday as the Chinese participants returned from their Ching Ming holiday.
Iron Ore Offshore May 20 Morning Technical Comment – 240 Min Chart
Chinese futures rebounded on Thursday over supply concerns and reversed from the losses seen earlier this week.
Chinese futures slumped on Wednesday, losing all the gains made since the start of the week.