News summary
Fluctuations in copper prices cause refined copper rod companies to stop production and reduce productionallspinswincasino; Fluctuations in aluminum prices have caused the operating rate of aluminum profiles to drop slightly; rising zinc prices have affected the start of galvanizing and die-casting companies; falling lead prices have boosted the operating rate of battery companies.
Newsletter text
[Copper companies face weak delivery of goodsallspinswincasinoManufacturers reduce production to cope with cost pressure] Recently, copper price fluctuations have intensified, downstream long-order customers have frequently defaulted, and bulk order customers have weakened their interest in picking up goods, prompting many refined copper rod companies to take measures to stop production or reduce production to relieve inventory pressure. At the same time, the price difference between refined copper rod companies has also encouraged scrap copper rod companies to start to pick up.
[The aluminum market was affected by the sentiment of high prices, and the operating rate dropped slightly.] The violent fluctuations in aluminum prices have led to fear of high prices in the downstream market and a decrease in the volume of goods taken. Affected by this, the operating rates of the aluminum profiles and aluminum strip sectors declined slightly, while other sectors remained stable.
[The rise in zinc prices has dragged down zinc plating and other companies, and the operating rate of battery companies has stabilized.] The rise in zinc prices has had a significant impact on the electrolytic zinc market. The rise in raw material costs and limited improvement in processing fees have led to a decline in profits of zinc plating companies. Some companies even stopped production due to the high operating pressure. The impact of environmental protection inspections in some areas has also had a negative impact on corporate orders. At the same time, die-casting zinc and zinc oxide companies have recently reduced orders and limited operating rates. However, the fall in lead prices has had a positive impact on battery companies, and the operating rate has remained generally stable.