bullish
Low Thai Prices Lure Chinese Buying Back, Futures Weaken
3 Views16 Jul 2022 02:34
A drop of 4% in Thai spot prices over the week resulted in some rebound in Chinese bulk buying during the Asian trade day. Meanwhile, the SICOM futures hit a six-month low amid global bearish cues and a grim short-term outlook, sources said to Helixtap on Friday.
What is covered in the Full Insight:
- Introduction
- Price Drops and Chinese Demand
- Futures Market Trends
- Regional Market Analysis
- Conclusion and Future Outlook
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