As of 23:00, most of the major domestic futures contracts rose. PX and low sulfur fuel oil (LU) rose by more than 2%, PTA and fuel oil rose by more than 1.5%. In terms of decline, rebar, coking coal and hot-rolled coil fell by more than 1%.

2025-05-08

As of 23:00, most of the major domestic futures contracts rose. PX and low sulfur fuel oil (LU) rose by more than 2%, PTA and fuel oil rose by more than 1.5%. In terms of decline, rebar, coking coal and hot-rolled coil fell by more than 1%.

Other News
2025-05-08

The yield on UK 10-year government bonds rose 10 basis points on the day to 4.559%.

2025-05-08

1. "Fed mouthpiece": The Fed believes that it cannot risk preemptively cutting interest rates to support slowing employment, so as not to aggravate price pressures in the short term. 2. PIMCO: The Fed still points to a rate cut starting in September.