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SunSirs: Morning News of Oct 30, Antimony Commodity Index 58.47

October 31 2019 11:16:42     SunSirs (Linda)

On Oct 29, the Antimony Commodity Index was 58.47, the same as that of yesterday. Compared with the peak of 102.32 (Oct 16, 2012) in the cycle, it dropped 42.86%. While it was 24.46% higher than the lowest level of 46.98 (Dec 24, 2015). (Cycle: Sep 08, 2012 to date)

The main financial data of the nonferrous metal market: The U.S. dollar index fell on the 29th, hitting a one-and-a-half-week high of 97.9315. It closed at 97.743, dropping 7% and benefiting from the decline of European currencies. However, with the positive news from the UK, the U.K. pound rebounded against the U.S. dollar, and the U.S. dollar index dropped partly. In terms of crude oil, Brent oil closed at 60.08USD, dropping 0.05%, while US oil increased by 0.43% to 55.50USD. Affected by these, metals in LME all rose. PBD increased 1.35%, NID increased 1.6%, SND increased 0.66%, ZSD increased 0.43%, AHD increased 0.84%, and CAD increased 0.07%. Most of the metals in domestic market dropped. RB increased 0.63%, SS increased 0.07%, NI increased 0.42%, PB decreased 0.29%, ZN remained the same, SN decreased 0.35%, CU decreased 0.19% and AL decreased 0.29%.

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