On June 7, the BPI of the Commodity Price Index was 743 points, which was the same as June 6, a decrease of 27.09% from the highest point in the cycle of 1,019 points (2012-04-10) and an increase of 12.58% from the lowest point of 660 points on February 03, 2016. (Note: The period refers to 2011-12-01 to present).

The lead commodity index on June 7 was 87.68, which was the same as June 6, a decrease of 34.57% from the highest point in the cycle of 134.01 (2016-11-29), and an increase of 17.49% from the lowest point of 74.63 on March 19, 2015. (Note: Period refers to 2011-09-01 to present).

The US dollar index rose 0.18% to 96.9309; the offshore RMB rose 0.54% against the US dollar, and USDCNH reported 7.0707; the non-agricultural employment population unexpectedly increased by 2.509 million after the May seasonal adjustment in the United States, which is expected to decrease by 8 million, and the previous value decreased by 20.537 million. The largest single-month job growth in U.S. history since 1939; news released by the Saudi Ministry of Energy shows that a video of the oil-producing countries' oil ministers held by the Saudi-led Organization of Petroleum Exporting Countries (OPEC) and non-OPEC oil-producing countries represented by Russia At the meeting, an agreement was reached to extend the current crude oil production reduction of 9.7 million barrels per day to the end of July. At the same time, various countries will evaluate the crude oil market at the end of June to determine whether to further extend the production reduction agreement; Saudi Arabia’s first quarter oil export value fell by 21.9% year-on-year , To 40 billion US dollars, equivalent to a decline of about 11 billion US dollars. Affected by this, most London metal markets closed up last Friday, with London Copper up 2.43%, London Tin up 2.34%, London Nickel up 0.94%, London Aluminum up 1.75%, London Zinc down 0.37% and London Lead up 1.27%. The Chinese non-ferrous metal market was mixed, with Shanghai Tin up 1.5%, Shanghai Copper up 1.51%, Shanghai Zinc down 1.72%, Shanghai Aluminum up 0.91%, Shanghai Nickel up 0.46%, Shanghai Lead down 0.14%, stainless steel up 0.58%, thread Rose 0.36%.

Trend of LME lead: LME lead opened at 1,737.5 US dollars/ton last Friday, the highest was 1,779 US dollars/ton, and closed at 1,760.5 US dollars/ton, an increase of 1.27%.

Trend of Shanghai lead: Shanghai futures lead opened at 14,435 yuan/ton, the highest was 14,490 yuan/ton, the lowest was 14,300 yuan/ton, and the closing price was 14,330 yuan/ton, a decrease of 0.44%.

The futures market fluctuated within a narrow range. Due to the influence of the futures market, the domestic spot market is expected to run stably today with little fluctuation.

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