Copper:
Today, in the Foshan market, the copper price is changed slightly. The spring festival holiday is coming, more and more manufacturers have gradually entered into the holiday period, and the copper demand is decreased. Currently, the price of London copper is 7,000 dollars. Under the condition that supplying of reclaimed copper is in shortage, partial copper factories begin to increase stocks, but many manufacturers think that the current copper price is till high, and thus they cautiously buy goods. Currently, electrolytic copper stocks in the Guangdong market in the Guangdong market are slightly few, supplying of reclaimed copper is in shortage, goods holders generally quote in a premium state, but due to the fact that downstream buyers give the low prices, recyclers are difficult to operate.
Aluminum:
Today, in the Foshan market, the aluminum price falls slightly, and trading gets better. Although the current aluminum market is weak in demand, the aluminum price tends to be stable after falling for continuous several days, many aluminum-using factories and traders are attracted to replenish goods while the prices are low, so that spot aluminum stocks in the Guangdong market continue to fall. According to the aluminum-using factories, aluminum enterprises are dealing with the year-end work, and it is anticipated that the holiday will begin in advance.
Zinc:
Today, in the Foshan market, the zinc price rises at the medium amplitude, goods holders actively sell goods, aluminum-using manufacturers buy goods cautiously, and trading is few. Although the zinc price in the recent period falls slightly, the back-adjusting amplitude is limited, thus it is hard to drive buyers to buy lots of goods, and most orders are small. Currently, the high-price fear emotion in the zinc market is strong, and the trading confidence is insufficient.
Stainless steel:
Today, in the Foshan market, the stainless steel price is changed slightly, and the market is insipid. Under the influence of seasonal demand decreasing, the trading volume of stainless steel finished products is decreased, and the nickel price trend is weak, so that the stainless steel buying intention is low, and the cautious wait-and-see psychology is kept. (Source: Lingtong Metal Information) |