On January 22nd, BR futures hit the daily limit up in the evening session, BR2602〠The contracts of 2603, 2604, and 2606 collectively hit the daily limit up, while the BR2602 contract closed at 12,855 RMB/ton in the evening session, up 6.99%.
The article reports that the BR2602, 2603, 2604, and 2606 contracts of BR futures collectively hit the daily limit up in the night session, with BR2602 closing at 12,855 RMB/ton, an increase of 6.99%. This indicates a tight supply or strong demand in the market, forming a significant positive trend. Combined with futures data, price surges will drive up spot prices and strengthen bullish expectations in the futures market, with changes in holdings indicating a surge in bullish sentiment.
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