GDT event 395: Prices recover sharply after prolonged decline

GDT Event 395 recorded a strong increase of 6.3%, marking a clear reversal after nine consecutive events of declines. The outcome exceeded the indications from SGX futures, where the “C2” method pointed to a 3.6% increase and the “All Contracts” method suggested a 4% rise. The average winning price closed at $3,533 per ton, representing a 5.77% increase compared with Event 394.