Tag: DCE iron ore futures
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China: Ferrous commodities recover amid pre-stocking dynamics
Horizon Insights: After last week’s weak trends, ferrous commodities saw a slight recovery, driven by valuations as futures dropped below their lower bounds. Iron ore performed better as steel mills increased pre-stocking after price declines. Market sentiment was boosted by two factors: 1) an article by China Real Estate News, reaffirming the real estate sector’s…