Business News February 02
According to the price monitoring of the business community, on January 29, 2014, there were 3 kinds of commodities with rising prices in the non-ferrous commodity sector, and the top 3 commodities were aluminum (market) (0.21%) and nickel (market). 0.15%), copper (market) (0.07%). There is one product with a decrease in the chain ratio, and the product with a decrease is zinc (market) (-0.10%). The average daily price increase and decrease is 0.01%.
On January 29, the color index was 783 points, which was 22.09% lower than the highest point in the cycle of 1005 points (2012-01-31), which was 2.76% higher than the lowest point of 762 points on June 30, 2013. (Note: Period refers to 2011-12-01 to date).
In the futures market, the Shanghai main metal zinc contract was down by 0.07% from the settlement price of the previous trading day, and the rest of the performance was stopped. As of the close, Shanghai copper, Shanghai aluminum and Shanghai futures closed up 0.2%, 0.226% and 0.29% respectively compared with the previous trading day. In the spot market, the trend of domestic non-ferrous metals market was difficult to get out of the shock market. The downstream market still received weak performance, difficult to quote, trade between traders was almost stagnant, many downstream enterprises have stopped working, and some trades The business also said that it is no longer shipping. Business industry non-ferrous industry analysts believe that the post-holiday market will continue to be weak.
On January 29, the small metal index was 932 points, which was 6.80% lower than the highest point in the cycle (2011-12-04), which was 3.21% higher than the lowest point of 903 points on July 30, 2013. (Note: Period refers to 2011-12-01 to date). Small metals such as metal silicon, magnesium metal, antimony and indium, which are monitored by the business community, are mostly on holiday, and market transactions are almost stagnant.
On January 29, the rare earth index was 394 points, which was 60.60% lower than the highest point in the cycle (2011-12-06), which was 31.33% higher than the lowest point of 300 points on June 23, 2013. (Note: Period refers to 2011-12-01 to date).
(Article source: Business Agency)