Market Remains Volatile, Wait Patiently for Trading Opportunities

The market often lacks consistent trading value—opportunities are not always present. It’s crucial to stay patient and avoid opening positions frequently, striking only at critical levels.

Currently, technical indicators show a gradual shift towards contract rollovers, with some funds exiting and observing from the sidelines. A sustained upward trend will require policy support, which is expected around early to mid-December. The Central Economic Work Conference, typically held between December 7-9 or around the 15th, will likely determine the market’s direction. Until then, a volatile or downward trend remains probable.

From a basis perspective, the market leans slightly strong, as supply and demand imbalances are not yet significant. We are closely monitoring changes. For now, the rebar 2501 contract is expected to fluctuate between 3250-3350. If you have suitable inquiries, feel free to place orders directly, or contact our team for one-on-one guidance.

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