30 Aug 2021
Chinese bidders quickly scoop up cargoes on Shenhua auction platform as deal prices remain relatively competitive amid the surging crude oil market
27 Aug 2021
Market participants cautiously express bullish expectations for September, hoping the start of the agricultural and manufacturing season would stimulate demand.
Chinese bidders actively make replenishment on the final trading day of the week after Shenhua agreed to settle the auction session at lower price levels
26 Aug 2021
A key local producer in Malaysia has announced September shipment offers to domestic market with MYR ...
Dalian Commodity Exchange fell back to the negative territory on the revived concerns over the COVID-19 outbreak and the fully reopen of the Zhoushan port that would boost local supply.
These sellers have been maintaining a firm stance on the cargoes over the past week hoping demand would return once the country puts the current outbreak under control.
Transactions on the auction platform continue to decline toward the end of the week in spite of the little changes in prices.
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