Reflective Sign,Custom Traffic Warning Sign,Reflective Direction Traffic Signs,Custom Sign Direction Traffic Signs Jiangsu chuanglv Transportation Facilities Co., Ltd , https://www.clsolarlights.com
Copper aluminum futures market in Asia is higher, boosted by China's buying and demand
Copper futures aluminum market in Asia rose, China's buying and demand to boost Seoul on September 2 news, LME copper futures aluminum market higher on Thursday, supported by China's buying needs. At 11:25 GMT, the benchmark three-month copper was quoted at 2,771/2,776 U.S. dollars per tonne, higher than London's Wednesday closing price of 2,774 U.S. dollars. The Shanghai copper contract rose across the board. The main contract of 0412 increased by 100 yuan to 26,080 yuan per ton. A trader in Singapore said that “the strength of Shanghai Copper has benefited from spot demand.†The September copper in the COMEX market fell by 0.454 cents to US$1.2705 per pound. The main December copper fell 0.30 cents to 1.2740 US dollars/lb. The market paid close attention to the strikes of the two copper mines under South Peru Copper Mines. The strike of 1,500 workers in the two copper mines entered the second day on Wednesday. The union stated that the company’s management and union representatives were deadlocked and that no negotiation plan had been formulated. The American group Asarco, a subsidiary of the Mexican group, is preparing to begin the next round of negotiations on the contract with union workers on September 21-22. LME three-month aluminum is currently quoted at 1,702/1,704 US dollars / ton, London overnight closing price of 1,700 US dollars. Shanghai Aluminum increased, the main contract 0912 rose 70 yuan, 16,070 yuan per ton. The three-month nickel reported 12,650/12,750 U.S. dollars and London’s overnight closing price was 12,725 U.S. dollars. Zinc reported at 969/973 US dollars, slightly lower than the overnight US$974. The lead was reported at 834/838 USD/ton, which was higher than the overnight price of 831 USD. Tin reported 9,000/9,100 U.S. dollars and London's overnight closing price was 9,165. Date: 2004-9-2