Early Comment On Copper Aluminum Zinc Lead Tin Nickel

Abstract: With the strong dollar and the lingering fears of economic recession, London copper plunged 4.13% overnight, hitting a new low in nearly 20 months; Peru copper mines started production, China's copper foil operating rate fell in July, and copper is expected to fall today.

A short commentary on the price of copper in the Yangtze River: The US dollar strengthened and the fear of economic recession lingered. London copper plunged 4.13% overnight, hitting a new low in nearly 20 months; Peru copper mine started production, China's copper foil operating rate fell in July, and copper is expected to fall today.

A short comment on Changjiang aluminum price: Affected by the energy crisis, the euro fell below par, and London aluminum closed down 0.72% overnight; China's primary aluminum production continued to rise, Rusal has never stopped supplying, and consumer demand is still in a downturn. Today, aluminum may fall.

Short review of zinc prices in the Yangtze River: Suppressed by worries about slowing global demand, Lun Zinc closed down 1.73% overnight; the operating rate of galvanized and die-casting zinc alloy enterprises is low, and the recovery of consumption is slow, still lower than the level of the same period, and zinc may fall today.

Short review of lead prices in the Yangtze River: The sharp drop in oil prices dragged down commodities, and London lead closed down 0.8% overnight; the macro atmosphere was more cautious, the domestic pre-repair refineries resumed production, and the growth rate of supply was greater than the growth rate of demand. Today, spot lead may fall.

A short comment on the price of tin in the Yangtze River: The sharp drop in crude oil dragged down the rapid cooling of bulk commodities, and London tin closed down 1.68% overnight; domestic refined tin production fell in June from the previous month, and the demand for orders from tin and solder companies continued to be weak. Today, tin may fall.

A short comment on Changjiang nickel price: The US dollar refreshed the high level in nearly 20 years, and the London nickel closed down 2.72% overnight; the interest rate hike affected the market sentiment cautiously, the Indonesian ferronickel continued to increase the volume, the iron factory fell into a loss and the market demand was low. Today, nickel may fall.