Friday's commodity futures market was generally under pressure. China's INE freight index fell by 3.6%, and international crude oil declined by 2.5%, with a clear downward trend.
In the Shanghai market, precious metals and base metals generally retreated. Tin led the decline with a 2.6% drop, aluminum slightly decreased by 0.5%, silver, gold, and copper all declined by 0.3%, and nickel fell by 0.2%. Zinc varieties remained stable with no significant fluctuations.
In contrast, the Guangzhou region showed a divergent pattern. Among precious metals, platinum performed well, rising by 3%, lithium carbonate also increased by 1.5%, and palladium gained 0.9%. This regional upward trend contrasts with the downward movement in the main market, reflecting increasingly evident differentiation among different sectors.
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NotAFinancialAdvice
· 13h ago
Sido has fallen so badly, does Guangzhou's platinum still dare to rise? The divergence is outrageous.
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MemeTokenGenius
· 13h ago
It's another case of twin cities, Shanghai is crashing hard while Guangzhou is still having fun.
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TxFailed
· 13h ago
ngl, that tin dump is classic—literally watched this exact playbook in '21. regional divergence tho, that's the real edge case alert here. guangzhou pumping while shanghai bleeds? *technically speaking* someone knows something.
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NullWhisperer
· 13h ago
ngl the regional divergence here's actually interesting... shanghai bleeding out while guangzhou pumps platinum? that's the kind of edge case that needs further review. technically speaking, when you've got that much fragmentation across zones, something's exploitable somewhere.
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GasFeePhobia
· 13h ago
Guangzhou has a new monster, why does platinum rise 3% against the trend?
Friday's commodity futures market was generally under pressure. China's INE freight index fell by 3.6%, and international crude oil declined by 2.5%, with a clear downward trend.
In the Shanghai market, precious metals and base metals generally retreated. Tin led the decline with a 2.6% drop, aluminum slightly decreased by 0.5%, silver, gold, and copper all declined by 0.3%, and nickel fell by 0.2%. Zinc varieties remained stable with no significant fluctuations.
In contrast, the Guangzhou region showed a divergent pattern. Among precious metals, platinum performed well, rising by 3%, lithium carbonate also increased by 1.5%, and palladium gained 0.9%. This regional upward trend contrasts with the downward movement in the main market, reflecting increasingly evident differentiation among different sectors.