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Non-ferrous metals rose behind the international market actually pushed these
Feb 07, 2018

Non-ferrous metals rose behind the international market actually pushed these


Shanghai Nickel, Shanghai lead the main contract pulled up in the afternoon of January 23, closing up nearly 2%, the main contract in Shanghai edged up 0.22%. The previous night, the London Metal Exchange (LME) metal March contract ushered in a broad rise, including LME tin prices hit a 3-month high.


However, the data show that the London Metal Exchange January 23 copper metal stocks total 248,100 tons, a substantial increase over the previous day 36,300 tons. As of press time, LME3 copper futures prices in January plunge, fell 1.87%.


Analysts believe that the recent widening metal, on the one hand because of the weakening dollar index, on the other hand, the market for the United States more and more expected to introduce infrastructure projects, the demand for more varieties of metal is expected to further growth.


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