The funny thing is that the 10 % futures price increase today...

The funny thing is that the 10 % futures price increase today was simply the limit which was increased from 7 % yesterday by the Guangzhou futures exchange. And the futures prices also increased by 7 % yesterday. So the futures price could be even much higher today if these gain weren't limited. Expect more gains on Monday. This market is largely a manipulation instrument where contract sellers promise to deliver product that they don't have and that they can not procure in the necessary amount and necessary product quality. I call this a scandal.