Chinese rebar futures get last-minute lift from RRR cut rumour
Dec 16, 2011 | 01:45 AM
|
Shanghai rebar futures lost just 0.1% on the week as market rumours that China will cut its bank reserve ratio for a second time this year saw the SHFE contract make a small rebound on Friday.
Shanghai futures exchange May rebar settled at 4,159 yuan ($648) per tonne on Friday, up 26 yuan from Thursday but down 6 yuan compared to a week ago.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here