In the given week, slight upticks and downticks have been observed in the Chinese domestic HDG prices depending on traders' various views towards the prospect for the future market. Currently, the June and July materials are available in the spot market, which provides traders to have higher profit margin due to its previously lower purchasing prices. Therefore, some of traders are willing to cut the prices for funds withdrawal.
However, with the August materials entering into the market, the cost of resources on spot market will move up, which will narrow the declining range of HDG prices.
Overall, it is expected that in the coming week domestic HDG prices will likely remain stable or record minor fluctuations.