Base metals remain volatile, vulnerable reproduction of rare earth products

It is understood that the number of claims ( April 21 ) Shanghai stock metal differentiation, closing, copper ( 46420 , -80.00 , -0.17 % ) , Shanghai closed up 0.56% lead , respectively , 0.18% , while the Shanghai aluminum ( 13,245 , 45.00 , 0.34% ) , Shanghai zinc ( 15080 , 20.00 , 0.13% ) is down 0.15% , 0.07%. LME market on Friday and Monday will be due to the Easter holiday. Change the domestic spot market continued differentiation of the situation, nickel continued to move up sharply earlier highs , down 0.06% copper and other base metals rose slightly , led by the performance , external disk Rest failed to give guidance to bring the domestic futures market , the domestic non-ferrous market is sideways phase.

Near boosted metals market, spot market sentiment has improved, some varieties also relieve pressure on the stock , as of the period 18 April an inventory of the various base metals basically a downward trend , while copper inventories last week further reduction 10000 ton, but some species still faces excess pressure , involvement in a sustained release of primary aluminum production capacity, China 's primary aluminum production continued to grow, domestic aluminum market remains under pressure , the nickel spot is concerned, although the recent rise slowed, rally contraction, but Indonesia's policy to continue executive , will lead to rapid digestion of domestic nickel ore and ferronickel into inventory , no domestic factories reluctant to sell , the behavior of the current stockpile also reduces the supply of the spot market , nickel prices will continue to be supported in the short term . Overall, the majority of businesses in the weekly performance of the market is uncertain situations slightly cautious, downstream users to maintain demand procurement status . Analysts believe the second quarter Fan Yanxia colored market or slowly out of the doldrums .

Small metal index on April 21 to 933 points, down by one point from the previous day , the highest point over the period 1000 ( 2011-12-04 ) fell by 6.70% , compared to 30 July 2013 the lowest point of 903 points up up 3.32 percent . ( Note: The period refers 2011-12-01 far ) .

Rare Index April 21 to 407 points from the previous day down 3 points, the highest point over the period 1000 ( 2011-12-06 ) fell by 59.30% , compared to 23 June 2013 the lowest point up 300 points 35.67% . ( Note: The period refers 2011-12-01 far ) . Rare earth products into weak , despite purchasing and storage support, but deserted market inquiry , demand for light , is expected to maintain the short-term rare earth prices fluctuated .

Judging from the recent market performance, the domestic market to maintain a slight upward trend colored , seems to have shown signs of the current market has hit bottom , some orders downstream manufacturers have increased the amount of signs , but the rebound kinetic energy of the outstanding level of attainment , analysts expect with Fan Yanxia the demand will expand the market embarked on a wave rally , rebound still depend on downstream demand.


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