02 Jul 2024
Escalating tensions in the Middle East and the European Union, coupled with the onset of the hurricane season in the Caribbean, have added a significant risk premium to the market
The official Purchasing Managers’ Index (PMI) remained at 49.5 points in June, unchanged from the previous month. A PMI score below 50 indicates a contraction in the sector.
The proposed tariff measures come in response to a spate of local textile company closures and layoffs, prompting calls for more robust policies to shield domestic industries
The 2409 for September 2024 delivery contract on Dalian Commodity Exchange on 02 July 2024 settled as follows:
01 Jul 2024
The escalating tension in the Middle East and EU put a floor under prices. However, the uncertain economic outlook in China weighed heavily on the market confidence.
The 2409 for September 2024 delivery contract on Dalian Commodity Exchange on 01 July 2024 settled as follows:
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