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October 9, 2023

Aluminum prices fell significantly on the 9th due to limited downstream demand, with many focusing on price pressure.

Today, aluminum prices fluctuated and declined, with the LME three-month aluminum contract trading at $2,236 per ton at 15:01 Beijing time, down $6 from the previous trading day’s settlement price, a decrease of 0.27%. The Shanghai aluminum front-month contract, 2311, opened at 19,420 yuan per ton, reached a high of 19,642 yuan per ton, and […]

Aluminum prices fell significantly on the 9th due to limited downstream demand, with many focusing on price pressure. Read More »

The collapse of the nickel industry cast a long shadow over the industrial populace of London.

Foreign media reported on October 6th that the consequences of the 2022 collapse of nickel trading on the London Metal Exchange (LME), including potential challenges to its nickel contracts and the fate of the exchange itself, will become a hot topic in the metal industry in London next week. On March 8th of last year,

The collapse of the nickel industry cast a long shadow over the industrial populace of London. Read More »

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