China Commodity Futures Rise in Early Trading; Shipping Costs Drop Over 3% on July 7

XNI-0.46%
XPD-1.51%
XAG-2.42%

According to Guru Club, China commodity futures surged in early trading on July 7. Stainless steel jumped over 2%, while liquefied gas and soybean meal rallied over 1%. Nickel and tin also posted modest gains.

Shipping costs on the Europe route fell over 3%, leading declines. Glass and palladium dropped over 1%, while silver and corn posted minor losses.

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