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SunSirs: Morning News of Nov 8, Antimony Commodity Index 58.47

November 08 2019 13:14:45     SunSirs (Linda)

On Nov 7, the Antimony Commodity Index was 58.47, the same as that of Nov 6. 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 rose 0.198 to 98.147 on the 7th, continued to increase 0.2%. A spokesman for the International Monetary Fund said that if the United States and China reach a first stage trade agreement to phase out tariffs, this may improve the IMF's baseline for global economic forecasts. Affected by these, metals in LME almost increased, CAD increased 1.98%, AHD increased 0.42%, ZSD increased 0.71%, NID increased 0.09%, SND increased 0.18%, PBD increased 0.36%. In terms of the domestic market, RB decreased 0.84%, SS decreased 0.2%, CU increased 0.61%, AL increased 0.42%, ZN increased 0.13%, PB decreased 0.16%, NI decreased 0.31%, SN increased 0.07%. Brent crude closed at 62.37USD, increasing 1.02%; American crude closed at 57.07USD, increasing 1.28%.

On Nov 7, the Antimony Commodity Index was 58.47, the same as that of Nov 6. 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 rose 0.198 to 98.147 on the 7th, continued to increase 0.2%. A spokesman for the International Monetary Fund said that if the United States and China reach a first stage trade agreement to phase out tariffs, this may improve the IMF's baseline for global economic forecasts. Affected by these, metals in LME almost increased, CAD increased 1.98%, AHD increased 0.42%, ZSD increased 0.71%, NID increased 0.09%, SND increased 0.18%, PBD increased 0.36%. In terms of the domestic market, RB decreased 0.84%, SS decreased 0.2%, CU increased 0.61%, AL increased 0.42%, ZN increased 0.13%, PB decreased 0.16%, NI decreased 0.31%, SN increased 0.07%. Brent crude closed at 62.37USD, increasing 1.02%; American crude closed at 57.07USD, increasing 1.28%.

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