Futures Market Wrap-Up: India’s Unexpected Bidding Surpasses Expectations, Urea Reaches New Stage High! El Niño Continues to Ferment, Palm Oil Surges Over 3%

Futures Market Closing Review: As of the close, the main contracts of domestic futures showed mixed gains and losses. Palm oil and urea rose over 3%, coke, soybean No. 1, and polysilicon increased over 2%, caustic soda, alumina, soybean oil, and soybean No. 2 rose nearly 2%. In terms of declines, lithium carbonate, Shanghai silver, and live pigs fell over 2%, aluminum alloy, Shanghai aluminum, pure benzene, platinum, Shanghai gold, and styrene fell over 1%.

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