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September 27 LME metal closing statistics

London’s Metal Exchange (LME) copper company rebounded in Wednesday after 5th, as a result of expected supply shortages over the longer term, attracting some buyers, encore news, September 27.

 

London time September 27 17:00 (Beijing time September 28 00:00), three-month copper 0.4%, reported a ton of 6,438 U.S. dollars, but less than the daily high 6,491 per ton. Copper last week hit the lowest level of $6,366 per ton in August.

 

Spot copper is narrower than the three-month copper price gap, extending to the widest level in nearly a decade in Tuesday, reflecting the lack of spot copper demand.

PVA 1799 (PVA BF17)

 

The external market is also propping up the appetite for boom-like assets, and the Republican Party introduced a tax-change plan to boost global equity markets. However, the prospect of a third rate hike in the US this year boosted the dollar and curbed the rally in the basic metals market.

 

Casper Burgering, an analyst at ABN Amro, said copper prices had started to plunge this week, but in the longer term, copper fundamentals were quite strong.

 

Not only is China’s demand good, but its demand for other industries, such as electric cars, is growing faster in the longer term, it says. At this stage, the basic face of price increases have a lot of support.

 

LME three-month period of zinc received 0.4%, reported a ton of US $3,105.
PVA 1788 (PVA BP17)
Three-month lead fell 1% to $2,462 per ton.

 

Three-month nickel fell 2.2% to $10,240 per ton.

 

Shanghai bonded warehouse nickel water rose $55 to $295 a tonne, indicating that some investors may be anxious to return short before China’s National Day holiday next week.

 

Three-month tin no change, reported at $20,700 per ton.

 

The three-month aluminium charge was 0.3%, at $2,132 per ton.

http://www.barium-chloride.com

In September 26th, the domestic acetic acid market continued to strengthen

Since the beginning of September, the domestic acetic acid to discuss the market continued to rise, downstream buyers active stockpile, so far, eleven is approaching, the lower orders basically completed, single reduction, acetic acid prices continued to rise, buyers cautious market atmosphere decreased slightly, but the downstream PTA and acetate to start high, supply demand, inventory has been making acetic acid low. Now the North China talks in 3250-3300 yuan / ton, East China in 3400-3550 yuan / ton, Guangdong area price 3450-3550 yuan / ton, is expected to acetic acid have room to rise, prices at around 150 yuan / ton.

PVA FIBER