Nonferrous Metals: Planning to help the market performance stronger than the big city

Non-ferrous metal price Oscillation report period (May 18-22nd) Europe and the United States real estate, consumer confidence data, such as lower than expected, the European and American stock market under pressure to fall. On the other hand, the dollar continued to fall, last week has broken below the level of the year, the metal price support. Last week basic metal prices were mixed, maintaining a small oscillation pattern overall.　　The price of copper, zinc and nickel rose slightly, buoyed by falling inventories.　　Domestic metal price performance is relatively weak, the market to turn light. LME copper Inventory weekly decline of 6.83%, since the beginning of the inventory all digested. Domestic copper inventories also fell by 4.09%.　　Shows that the demand for copper is relatively optimistic. Last week, oil prices exceeded the 60 dollar mark, inflation expectations strengthened, gold prices rose for two consecutive weeks, and the rise in the trend of expansion.　　The Comex period was closed at $958.9/ounce in Friday and was 2.96% per cent in the week.　　Brief comment on industry dynamic information the 500,000 tons of electrolytic aluminium in Henan Province has been successfully launched. China's aluminum 800,000 tons of alumina project restarted China's April refining copper imports rose 148.9% to 317,947 tonnes Wbms: This January-March global copper supply surplus 187,000 tons Sulfuric acid inventory is a drag on lead and zinc production or lower fertilizer tariffs your research platinum electrolytic nickel re-production of non-ferrous metal plate performance-"planning" to help, stronger than the big city reporting period (May 18-22nd) The Shanghai Composite Index fell 1.8%, and nonferrous metals indices benefited from the plan for adjustment and revitalization of Nonferrous Metals Industry (hereinafter called "Planning") Rose 3.51%, performance stronger than the big city. Copper plate in the lead in copper prices led by outstanding performance, week Rose 11.91%. The aluminum plate rose strongly in the first half of last week, but ended in a 1.07% per cent decline due to weak fundamentals. The foreign mining sector index rose 9.34% per cent last week, outperforming the overall performance of the OTC stock market, which rose to 13.2 times times earnings.