Computer Control Torsion Testing Machine Spring Testing Machine,Torsion Test Equipment,Torsion Spring Tester,Computer Control Torsion Testing Machine Jinan Chenda Testing Machine Manufacturing Co., Ltd. , https://www.jncdtester.com
Prospects for LME Copper and Aluminum Futures: Copper Futures in Europe
Three-month composite trading closing support resistance at 14th RSI 10th MA 30th MA copper 3276.00 * 3200 * 3300 * 74 * 3141 * 3131 aluminum 1772.00 * 1750 * 1800 * 58 * 1759 * 1765 London June 7 news : Copper futures on the London Metal Exchange (LME) fell at the beginning of the European market on Tuesday, and the weakness in the Asian market brought pressure. Asian market copper fell by US$16 per ton, which was hampered by Shanghai copper’s decline. However, the lower LME copper stocks limit the price of copper. Decline. Traders said that Shanghai's spot copper supply increased, benefiting from the increase in imports, but due to the maintenance of the factory from July to August, the output decreased, so that the demand decreased. Greenwich Mean Time 0635, three-month copper 3,270/275 The US dollar closed at 3,276 on Monday. Traders said that LME copper stocks continue to support the market and avoid rapid declines. LME copper stocks are currently slightly more than 41,000 tons, which is a 31-year low. Aluminum trading is quiet, due to market expectations Changes in China’s policies can be made clear. It is widely expected that Beijing will abolish the processing of low-tax processing of incoming materials. China’s processing of imported materials accounts for about 80% of total exports of aluminum. During the time of 0340 GMT, three-month aluminum Reported 1,774/778, up from Monday's close 2 USD.