bullish
Helixtap China Report: Declining Inventory Point At Improved Demand; Sustainability Questionable
169 Views21 Oct 2024 19:00
The TSR inventory level at SHFE is lowest since February this year indicating some revival in demand. With lack of fresh stimulus and delay in the EUDR implementation, it is likely the price would see some more downside in the coming months.
What is covered in the Full Insight:
- Introduction
- Inventory Trends
- Arbitrage and Pricing
- Trade Data Analysis
- Conclusion
SUMMARY
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