CN Wire Profile picture
FICC investor, researcher, energy observer. Covering China's business and market.

Sep 22, 2021, 9 tweets

#China's most active manganese-silicon futures contract and ferrosilicon futures contract in Zhengzhou open 8% higher and hit the limit-up.
#Ferro #silicon

Iron ore futures in Dalian drop 3%, still on the downtrend.
Rubber and asphalt also drop 2.7%.
Live hogs down 4.5%.
#Iron #ironore #steel

Coke and coking #coal futures in Dalian DCE extend gain to 4%, thermal coal in CZCE gains 6.13%.
The coal shortage problem in China is yet to be solved.

#Tin futures in Shanghai up 3%.

The most-traded thermal #coal futures contract in CZCE now gains 7%, refreshing its historical high since 2014.

SHFE #stainlesssteel future contracts extend gain to 4%, standing above 22,050 yuan per tonne mark, also refreshing the historical high.
The stainless steel capacity in the China mainland keeps shrinking due to the power and production curb recently.
#nickel

#China's most-traded coking #coal contract surges 6% and the most active #tin contract rises more than 4% in the afternoon trading.
#futures #Commodities

Benchmark #LME #tin rises 3%;
#Shanghai's most active #aluminium contract rises 3%.
#metals #Commodities

#China's most active thermal #coal futures contract hits the limit up by rising 8% at 1,141.8 yuan a tonne.
#Commodities #futures

The most active coking #coal futures contract in #Dalian hits the limit up by rising 9% at 2,928.5 yuan a tonne.
#Commodities #futures

Share this Scrolly Tale with your friends.

A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.

Keep scrolling