The London Metal Exchange (LME) base metal prices mixed mixed at the close of trade on Thursday, with three-month aluminum closing at $1,839, down $1. Aluminum futures of Shanghai Futures Exchange rose slightly. The current contract is currently reported at around RMB 16,050/t. In the recent period, aluminum kept warmer and higher, and spot went well. Although there has been an increase in the supply of small factories in the near future, the total volume is not large; most of them are limited sales, resulting in a relatively tight market supply. Aluminum prices gradually stabilized and the market picked up. After the market opened, the business offer increased by 60-100 yuan. Today's trading range is yuan/ton. As the Spring Festival season is about to begin, cargo shipments will be greatly affected, shipment volume will be limited, and aluminum prices will be better supported. On the other hand, local consumption will be affected by the power supply, raw material prices and the Spring Festival holiday. It is estimated that the pre-holiday aluminum market is cautiously optimistic. But it is very likely that there will be a situation where there is price and no market. Copper City: The current market supply is extremely tight, and the only point is that the copper arrives and it is immediately sold out. The price of copper also quickly rises to Yuan/ton. It is expected that the short-term copper market will remain high and volatile.
Globe Valves ,Globe Valve ,Globe Valve Types,Y Pattern Globe Valve
WENZHOU DIYE VALVE&FITTINGS CO.,LTD , https://www.diye-valve.com