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Home > Antimony News > News Detail
Antimony News
SunSirs: Morning News of Oct 15, Antimony Commodity Index 56.73
October 15 2019 18:57:29SunSirs(Linda)

SunSirs: Oct 15

On Oct 14, the Antimony Commodity Index was 56.73, the same as that of yesterday. Compared with the peak of 102.32 (Oct 16, 2012) in the cycle, it dropped 44.56%. While it was 20.75% 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 Oct 14, the U.S. dollar index continued Friday's trend and kept swinging up, mainly due to the unclear trade prospects and optimistic expectations of the brexit negotiation, the U.S. dollar closed at 98.457, increasing nearly 0.1%. The US steel tariff on Turkey raised to 50%, back to the level before the tax cut in May, and immediately stopped the negotions with turkey on trade agreements which worth 100 billion US dollar. On the aspect of crude oil, due to the lack of details in the first phase of the Sino US trade agreement, the optimism on trade relations was weakened. Previously, the easing of trade relations had boosted oil prices last weekend, and the market's excitement on the trade agreement had subsided, Brent crude oil fell more than 2% to 60. LME market decreased mainly, PBD decreased almost 1.8%, NID decreased almost 1.3%, SND decreased almost 0.5%, ZSD decreased almost 0.3%, AHD decreased almost 0.2%, CAD decreased almost 0.3%. The domestic market mainly decreased as well. RB and SS decreased over almost 2%,NI decreased almost 1.6%, PB decreased almost 0.9%, ZN decreased almost 0.5%, SN decreased almost 0.2%, CU decreased almost 0.1%, AL decreased almost 0.1%.

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Energy
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Non-ferrous Metals
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