Morning Review: Domestic Futures Show Mixed Results, with Logs Falling Over 4%

Deep News
10/27

As of the morning close on October 27, 2025, major domestic futures contracts exhibited a mixed performance. Lithium carbonate and polysilicon rose by more than 2%, while eggs, Shanghai copper, international copper, live hogs, and soda ash increased over 1%. On the downside, logs saw a drop of over 4%, red dates fell more than 2%, and butadiene rubber, European shipping, styrene (EB), and Shanghai gold declined by more than 1%.

During this period, the port volumes for logs have continued to rebound. From October 20 to October 26, the daily average outflow of softwood logs from 13 ports across seven provinces in China increased by 1.9% month-on-month to 64,400 cubic meters. Consequently, port inventories have decreased, with the total stock of softwood logs nationwide reaching 2.94 million cubic meters as of October 24, down 2.74% from the previous week, marking the lowest level since late January this year. This drop was primarily due to a sharp decrease in inventory at Jiangsu ports, although it remains over 20% higher year-on-year. (Source: Wood Industry Data)

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