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SunSirs: Antimony Commodity Index 59.16 points

December 09 2020 09:15:27     SunSirs (Linda)

On December 7, the BPI of the Commodity Price Index was 866 points, an increase of 4 points from December 6, a decrease of 15.01% from the highest point in the cycle of 1019 points (2012-04-10), and the lowest from February 03, 2016 660 points increased by 31.21%. (Note: The period refers to 2011-12-01 till now).

 The antimony commodity index on December 7 was 59.16, which was the same as on December 6, a decrease of 42.18% from the cycle high of 102.32 points (2012-10-16), and an increase of 25.93 from the low of 46.98 points on December 24, 2015. %. (Note: Period refers to 2012-09-08 to present).

On Monday, the U.S. dollar index rose 0.19% to 90.8650; the offshore renminbi fell 0.04% against the U.S. dollar, and USDCNH reported 6.5194; the State Administration of Foreign Exchange released data showing that as of the end of November 2020, China’s foreign exchange reserves amounted to 3,178.5 billion U.S. dollars, an increase from the end of October. US$50.5 billion, an increase of 1.61%; according to CME’s ‘Federal Reserve Observation': the probability of the Federal Reserve maintaining interest rates in the 0%-0.25% range in December is 100%, and the probability of raising interest rates by 25 basis points to the 0.25%-0.50% range is 0 %; the probability of maintaining interest rates in the 0%-0.25% range in January next year is 100%, and the probability of raising interest rates by 25 basis points is 0%. Last night, the outer metal market in London was mixed. London copper fell 0.5%, London aluminum fell 1.4%, London zinc rose 2.15%, London nickel fell 0.06%, London tin rose 0.6%, and London lead rose 2.8%; in the domestic market, international copper fell 0.2% and Shanghai copper fell 0.3%. Shanghai aluminum fell 0.5%, Shanghai zinc rose 1.94%, Shanghai lead rose 1.83%, Shanghai nickel rose 1%, Shanghai tin rose 1%, thread rose 1.55%, and stainless steel fell 0.04%.

The futures market Lentium tin rose 0.6%, Shanghai tin rose 1%, the spot market was mainly driven by the upward price, and the mine supply remained tight.

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