Shenhua Auction: Futures pullback and firmer reserve floors slam liquidity as buyers dig in
Liquidity evaporated across Shenhua Baotou Coal Chemical Co.’s trading platform on Thursday, plunging to 29.2% for homo-PP yarn while PE offerings suffered total wipeouts, as firmer opening reserve floors collided with a retreating Dalian Commodity Exchange (DCE) and acute downstream resistance.
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