News

Unexpected Weakening of US Economic Data Suppresses US Dollar Index, Bullish for Copper Prices] On May 15, spot #1 copper cathode against the SHFE 2505 contract was quoted at a discount of 20 yuan/mt ...
Social Inventory: On May 15, LME zinc inventory decreased by 1,875 mt to 165,175 mt, a drop of 1.12%. According to SMM communications, as of May 15, the total zinc ingot inventory across seven ...
Bullish Macro Atmosphere and Destocking in Fundamentals Support Aluminum Prices] Favorable macro factors provide bottom support for aluminum prices, and low inventory further strengthens price ...
Comment] Overnight, LME zinc stopped rising and started to fall, with the 60-day daily average acting as resistance above and the 40-day daily average providing support below. The growth rate of US ...
As of the overnight close, oil prices in both markets fell together, with US crude dropping 2.31% and Brent crude falling 2.22%, both recording two consecutive days of decline. This was due to market ...