-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
Yesterday's European and American session, at the end of the European session, London copper fell slightly to a narrow range around 6025 US dollars / ton, and then in the US session, the decline of the US dollar index expanded to 0.
87%.
The lowest touched 96.
17, previously released the final value of the US Markit manufacturing PMI for October was not as expected and the US ISM manufacturing index fell unexpectedly, in addition, the Bank of England announced that it kept the benchmark interest rate unchanged, the pound hit a daily high against the US dollar, the US index fell under pressure, boosting copper prices upward, copper prices fluctuated up, copper prices rose to 6042 US dollars / ton around a narrow range of shock sorting, short positions closed out, and then continued to rise, in the evening at 6120 US dollars / ton high consolidation, Copper prices then fell slightly to $6,095 / ton, then recovered again, copper prices climbed to an intraday high of $6,143 / ton, closing at $6,139 / ton, up 2.
33%
during the day.
On the macro front, the Sino-US call hopes to reach a consensus, and metals rebound across the board; The dollar tumbled overnight and the pound recorded its best daily performance in 18 months on Thursday on reports that Britain was close to a financial services deal with the European Union and the Bank of England kept interest rates unchanged
.
Saudi Arabia and Libya led OPEC's October crude oil output hit its highest since 2016, and crude oil prices fell
sharply.
Xi/Jinping said that the private economy can only grow and cannot be weakened, and supported private enterprises to move to a broader stage, and proposed six major measures
.
On the whole, affected by the news of the Sino-US summit call, the market risk appetite has returned, non-ferrous metals have rebounded across the board, and copper prices may rebound today, and it is recommended to temporarily leave the market
.
