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Non-ferrous metals continue to decline
2020-9-11

Sep 11 (LTIT) – The US dollar index fluctuates, and most metals are under pressure again. In the morning, the Shanghai lead continued to drop, with a decline approaching 2%, reaching a recent low. Shanghai copper fell by around 1.5%, SHFE tin, zinc, and nickel fell by around 1%, and SHFE aluminum was the only one that rose slightly.

  

China's new solid waste law was implemented on September 1, but currently has limited impact on secondary lead. The regenerated lead maintains a discounted state, causing the slow destocking of primary lead and dragging down the future price trend.

 
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2024-12-19
Item
SHFE
Change
Cu
84557
-13199
Al
214501
-9875
Zn
50666
-2317
Item
LME
Change
Cu
272325
+0
Al
665025
-2500
Zn
257525
-2875
Ni
161238
+318
2023-5-15
1 USD=
6.7021
Inverse:
0.14921
1 EUR=
7.8800
Inverse:
0.12690
1 GBP=
8.6373
Inverse:
0.11578
1 AUD=
5.2589
Inverse:
0.19015
   
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