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SunSirs: Nonferrous Metals, Antimony Commodity Index 58.47
November 27 2019 10:21:03SunSirs(Linda)

On Nov 25, the Antimony Commodity Index was 58.47, the same as that of Nov 24. 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: On November 25, the US dollar was basically stable, with the US dollar index closing at 98.307, up nearly 0.05%; the probability of the Federal Reserve maintaining the current interest rate in the range of 1.50% - 1.75% in December was 93.4%, the probability of cutting the interest rate by 25 basis points was 0%, the probability of increasing the interest rate by 25 basis points was 6.6%; the probability of maintaining the current interest rate in the range of 1.50% - 1.75% by January next year was 83.8%, the probability of reducing the interest rate by 25 basis points was 10.3%, and the probability of increasing the interest rate by 25 basis points was 5.9%. Affected by these, metals in LME almost decreased largely and increased slightly, PBD decreased nearly by 1.8%, NID and ZSD decreased nearly by 1.1%, AHD increased nearly by 0.1%, CAD increased nearly by 0.3%, and SND increased nearly by 0.5%; domestic market decreased mainly, PB decreased nearly by 1.3%, RB decreased nearly by 1.1%, AL, ZN and NI decreased nearly by 0.6%, SS decreased nearly by 0.2%, CU and SN increased nearly by 0.1%.

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