I think more suppliers will move to a seperate price mechanism because the corrupt chinese exchange is just a charade sponsored by the CCP for state actors to generate artificial contracts to keep their producer's costs low. I would hope pricing mechanisms for contracts would eventually use a range of inputs including VWAP of these auctions to limit the the CCP influence.
Good News & Bad News, page-41143
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Last
$2.94 |
Change
-0.070(2.33%) |
Mkt cap ! $8.849B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.01 | $2.89 | $64.87M | 22.02M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 86878 | $2.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.95 | 199466 | 4 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |