September 7, 2023

Today, the London aluminum market showed significant volatility, with the LME three-month aluminum futures trading at $2,192 per tonne at 15:01 Beijing time, down $1 from the previous trading day’s settlement, a decrease of 0.02%. The Shanghai aluminum main contract for September 7th opened at 19,180 yuan per tonne, reaching a high of 19,245 yuan […]

Strong Crude Oil Prices Boost Non-Ferrous Metals; Overnight, London Zinc Gained 0.47%; Domestic Smelters Maintain High Production with Good Profit Margins, Leading to a Shift from Falling to Rising Inventories, but Zinc Prices Lack Sustained Upside Momentum, and It’s Expected that Zinc Prices Today May Experience Limited Ups and Downs. The Overnight Trend for London

U.S. ISM Hits Record High, Boosts U.S. Dollar Rebound; Overnight, London Copper Falls Over 1.3%; Continued Increase in London Copper Inventories Deepens Pressure on Copper Prices, While the Opening of Domestic Import Windows Expands Spot Supply, Leading to Possible Copper Decline Today. Oil Price Continues to Rise, Supporting the Non-Ferrous Market; Overnight, London Aluminum Edges