Non-ferrous metal prices fell for 3 consecutive weeks

Business Forecast: Last week (June 9th to 15th), the total price level of the market for key production data monitored rose by 0.4% from the previous week. Of the 112 major commodities, prices rose 45 times on a week-to-week basis, accounting for 40.2%; 59 were unchanged, accounting for 52.7%; and 8 fell, accounting for 7.1%. From the perspective of major categories, the prices of mineral products, energy products, agricultural products, building materials, chemical products, and rubber products have risen. The prices of light raw materials and ferrous metals have remained flat. Non-ferrous metal prices have continued to fall. In terms of specific varieties, casting coke, general-pass calcium phosphate (12%), and crude oil prices rose at the top, respectively 3.5%, 3.3% and 2.7% from the previous week; 1# nickel, 1# zinc, and zinc ore prices declined The top, respectively, fell 6.5%, 4.5% and 0.9% from the previous week.


Last week, energy product prices rose 0.7% from the previous week

Among them, oil and coal prices rose by 1.0% and 0.6% respectively from the previous week; natural gas prices fell by 0.3% from the previous week.

In the summer, the demand for thermal coal increased, and the coal market entered the peak season for consumption. In addition, affected by the Wenchuan Earthquake, coal transportation from Sichuan and Guizhou is still difficult. Under the influence of factors such as the slowdown in the growth of coal production, the increase in production and operating costs of coal companies and the continued rise in international coal prices, it is expected that domestic coal prices will continue to rise slightly this week.

The price of agricultural materials rose slightly by 0.3% from the previous week last week

Among them, the prices of agricultural diesel, seeds, and fertilizers rose by 0.9%, 0.2%, and 0.2% respectively from the previous week. The prices of pesticides and agricultural plastic film all remained unchanged from the previous week.

The domestic market price of urea (including N ≥ 46%) remained unchanged from the previous week. At present, the high price of urea is stabilizing. Due to rising raw material prices and tighter capacity, it still supports the price of urea. It is expected that the price of urea will not fall in the later period.

Last week, building materials prices rose slightly by 0.3% from the previous week

Among them, the prices of glass and cement rose by 0.9% and 0.3% respectively from the previous week, and the prices of construction steel and wood were all flat with the previous week.

Chemical product prices rose 0.2% from the previous week last week

Among the major chemical products monitored, there are 7 kinds of price rises and 8 kinds of flat prices. Specifically, the prices of PVC, ABS resin, and polypropylene rose by 1.1%, 0.7%, and 0.6% respectively from the previous week; the prices of phthalic anhydride, soda ash, and other varieties were unchanged from the previous week.

Rubber prices rose slightly by 0.1% from the previous week last week

The prices of synthetic rubber styrene-butadiene rubber, nitrile butadiene rubber and butadiene rubber rose by 0.2%, 0.1% and 0.1% respectively from the previous week; the prices of natural rubber imported 3# smoke rubber and domestic 1# standard rubber rose by 0.2% from the previous week respectively. 0.1%. Strong demand and high crude oil prices are still the dominant factors supporting the rise in rubber prices. It is expected that there will still be room for rubber prices to rise in the near future.


Last week, the price of steel products was basically the same as the previous week

Last week, the steel market prices were mixed, and some varieties of the price of each other have rise and fall, the market wait and see atmosphere is stronger. The price of 0.5mm non-oriented silicon steel sheet and 1mm cold-rolled ordinary sheet increased by 1.2% and 0.7% respectively from the previous week, and the price of 3mm hot-rolled ordinary sheet fell by 0.8% from the previous week. With the advent of the traditional off-season consumption of steel products, market consumption has been slightly weaker. However, in the short term, the market price volatility will not be too large. On the one hand, the high cost of steel making will form a strong support for steel prices; on the other hand, the supply of steel resources will decrease, and the market inventory will remain low. It is expected that steel prices will continue to operate at high levels in the near future.


Last week, non-ferrous metal prices fell 0.9% from the previous week

Among the non-ferrous metals under monitoring, the prices of 1# nickel, 1# zinc, 1# lead, 1# tin, and 1# copper respectively fell by 6.5%, 4.5%, 0.9%, 0.7%, and 0.3% over the previous week; A00 aluminum Prices rose by 0.6% from the previous week.

Domestic #1 copper prices fell by 0.3% from the previous week. The recent domestic copper market continues to fluctuate weakly and the market lacks a booster factor. The stronger US dollar and weak domestic and foreign demand all have an adverse impact on copper prices. It is expected that copper prices will continue to decline in the later period.

A00 aluminum ingot prices rose 0.6% from the previous week. At present, domestic aluminum consumption is still weak. However, the peak of summer electricity consumption is approaching, and the price of electricity in Shandong and other places has been adjusted, and the cost of aluminum production has increased. At the same time, heavy rains in the south affected the transportation, and the market volume decreased to stimulate aluminum prices to rise slightly. It is expected that domestic aluminum prices will remain in a weak and volatile pattern in the later period and there will be upward pressure in the short term.

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