International Metals Review LME base metals strengthened, stop-loss orders traders emerged after the session, the London Metal Exchange (LME) base metals consolidated on Friday, the previous copper buying triggers stop orders and drives other metals higher. LME a deal The firm said: "Stop order buyouts were triggered above 2,770 and 2,780 U.S. dollars. In addition, the weaker U.S. dollar after the release of the U.S. dollar is the main reason why the underlying metals continue to strengthen." The US dollar rose against the euro as data showed that the U.S. trade deficit was lower than expected. However, the US producer price index (PPI) fell by 0.1% in August and was originally expected to grow by 0.1%, which prompted US dollar selling to emerge. In 1520 GMT, the euro was quoted at 1.2293/96 against the US dollar, and Thursday's New York trading was at 1.2194. According to the division, China's industrial added value in August increased by 15.9% year-on-year, and it increased by 15.5% in July, which also helped to increase the price. Man Financial Metals analyst Mel told Reuters: "I think this has caused the price to rise." He said: "But we are gradually approaching the high end of the range, and prices will take a break before further price increases." Three-month copper firmed at $2,795 a tonne, and Thursday night's composite trade closed at 2,753. The intraday trading range was 2,738 -2,802. "...I still Copper is expected to move sideways. Copper has not yet broken any important levels. "The other trader said. **Other metals are also higher.** Three-month aluminum has risen to $1,705 and closed at 1,672 on Thursday. The aforementioned traders said: "The trend of aluminum futures is very interesting. Some funds have sold aluminum in the past few days and now have to cover some short positions." Three-month lead also firmed. On the front of the dealer said: "The fundamental situation points to The price will rise. There will be a small amount of selling between 890-895 USD, but I think there is a stop loss order above 900." The three-month lead is quoted at 889/90, higher than the 879.3 at the close of Thursday. Zinc increased by 8 US dollars to 982. Three-month nickel rose from US$12,000 to 12,175. Three-month tin rose by US$100 to 8,950/975. Copper rose in COMEX, as US PPI data unexpectedly fell, suppressing the dollar’s ​​decline. Copper futures on the New York Mercantile Exchange (COMEX) exited a three-week high Friday, but still rose sharply. Traders said that the US Federal Reserve’s PPI was unexpectedly declining, leading to the Federal Reserve Board (FED). The policy of raising interest rates was in doubt and thus weighed on the dollar's decline. "The weaker dollar seems to have helped copper. The stock market has also risen, and the drop in crude oil prices has, to some extent, boosted confidence in the overall economy." A copper trader said. Indicators December copper closed up 1.60 cents at $1.28 per pound, intraday The investment range is 1.26-1.2920, which is higher since August 18th. The spot September copper rose 1.60 cents to close at 1.2810 US dollars per pound. Other monthly contracts ended higher at 1.25-1.60 cents. COMEX copper forecast Volume was 12,000, higher than 4,591 on Thursday.
36 Inch Ceiling Fan,36 Inch Outdoor Ceiling Fan,36 Inch Indoor Ceiling Fan,Ceiling Fans 36 Inch With Light
Jiangmen MagicPower Electrical Appliances Co.,Ltd. , http://www.mpceilingfans.com