Aluminum: Today, the price of aluminum in Foshan market rose slightly, and SHFE aluminum maintained a strong position, which brought support to the spot aluminum price, but there was basically price without market under the stagnation of trading. According to the analysis, from the last few trading days before the festival, if the aluminum price is maintained within the range of 19,000, the trading opened after the festival will be suppressed, and aluminum companies will digest the pre-holiday materials and wait and see.
Zinc: Today, the price of zinc in Foshan market has dropped slightly, and the festive atmosphere is obvious. Traders and downstream zinc manufacturers are basically on holiday, and the orders are priced according to the quotation after the holiday, so the market transaction is very deserted.
Stainless Steel: SHFE nickel and stainless steel futures are still fluctuating between ups and downs. As the Lunar New Year approaches, the overall trading in the spot market of stainless steel has basically stagnated, and the market continues to be stable. (Analyzed by LTIT)
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