Dalian Commodity Exchange: 06 July 2022

The futures market fell sharply by mid of the week, partly reflecting the bearish development of the energy complex due to the growing fear of a global recession. Besides, Chinese investors are watching out for the next move from the Shanghai municipal government as the city carries out mass COVID-19 testing.

The session concluded as follows: 

**Note: All USD equivalent prices only exclude the 13% value-added tax (VAT). They have not taken into account other costs that might incur in the selling process, i.e. import duty, customs clearances.