Since the end of August, the overall commodity market had shown an upward trend. The futures sector, including soda ash, glass, synthetic rubber, and styrene,
Although most non-ferrous metals declined, copper and gold prices were relatively strong. Among them, copper increased by 2.93% in the first half of the year,
Analysis review
The overall weakness of the non-ferrous metal market in the past six months is mainly due to three reasons:
Macroscopically weak. The intensity of the
In the first quarter of 2023, the domestic raw material gold production was 84.972 tons, a year-on-year increase of 1.88%; The production of imported raw
Recently, the National Bureau of Statistics released the market price changes of important means of production in the circulation sector in late February 2023. Non-ferrous
China's gold reserves rose to 65.92 million ounces (US $120.283 billion) at the end of February, an increase of 800000 ounces on a month-on-month basis,