Shenhua concluded its final auction of the month on a high note, with all available grades achieving full sales. The outcome reflects a bullish market sentiment, driven largely by a series of government stimulus measures that have spurred futures trading on the Dalian Commodity Exchange and prompted last-minute pre-holiday replenishment.
Trading sentiment on the Shenhua Auction Platform continued to weaken heading into the weekend, even as futures contracts firmed on the Dalian Commodity Exchange. The lackluster auction results underscored the prevailing disinterest among Chinese buyers to stockpile inventories,