HomeProduct Complimentary download China rebar future contract at SHFE drops on Monday

China rebar future contract at SHFE drops on Monday

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Publish time: 20th September, 2012      Source: ChinaCCM
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It is reported that investors have shifted back their focus to sluggish Chinese demand after profit gains fed by the Federal Reserve's move that lifts the US economy last week, resulting rebar futures at the Shanghai Futures Exchange (SHFE) dropped on Monday after soaring to near one month highs in the previous session.

The contract price on most traded rebar for January shipment at the SHFE slipped by 0.2% to RMB 3,554/ton at close.