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newupcomingcryptogames| The pressure of copper price fluctuations intensifies, and enterprises are responding to production cuts

News summary

Fluctuations in copper prices have caused refined copper rod companies to stop production and reduce production; 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; and falling lead prices have boosted the operating rate of battery companies.

Newsletter text

[Copper companies face weak delivery of goodsnewupcomingcryptogames, manufacturers reduce production to cope with cost pressure] Recentlynewupcomingcryptogames, copper price fluctuations have intensified, downstream long-order customers have frequently defaulted, and bulk order customers have weakened their interest in picking up goods. This has prompted many refined copper rod companies to take measures to stop production or reduce production to relieve inventory pressure. At the same time, high refined waste price differences have also encouraged waste copper. Pole-making companies started 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.

newupcomingcryptogames| The pressure of copper price fluctuations intensifies, and enterprises are responding to production cuts

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