Copper: Today, the price of recycled copper in Foshan market continues to rise, but the increase has obviously narrowed. At present, the market mainly focuses on the Federal Reserve's interest rate discussion. This week, copper prices bottomed out and rebounded, ushering in a long-lost rally. However, many businesses are worried that the current economic and trade situation is complicated and changeable, and there is still uncertainty in the macro aspect. The market should remain cautious. Against the background of limited positive benefits, it is inappropriate to be too optimistic about the rebound of SHFE copper in this round, fearing that SHFE copper in the future market will go out of the surge and fall back. The spot copper market showed cautious operation, settlement funds continued to intensify at the end of the year, and factory enterprises purchased less. Apart from some annual demand, there was little hand-to-hand stock preparation. The supply of recycled copper continues to be in short supply, and the price demanded by the dealers is firm, but the sales situation is still poor.
Aluminum: Today, the aluminum price in Foshan market continues to rise slightly, mainly driven by the rising copper price, while the aluminum market's own support is not obvious. The analysis shows that the bullish mood of electrolytic aluminum depopulation is basically digested, and the price of aluminum lacks the motivation to further increase under the background of the continuous downward trend of the cost side. In the short term, the price of aluminum fluctuates strongly. At present, most aluminum enterprises mainly withdraw funds and demand less orders.
Zinc: Today, the zinc price in Foshan market fell further and the short-term trend continued to be weak. At present, the supply of zinc ingots in
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