China has recently made a significant move by deciding to cancel export tax rebate for aluminum products starting December 2024. This decision is already sending ripples through the global aluminum market, especially for color-coated aluminum coils, which are crucial for industries like construction
China has recently made a significant move by deciding to cancel export tax rebate for aluminum products starting December 2024. This decision is already sending ripples through the global aluminum market, especially for color-coated aluminum coils, which are crucial for industries like construction
READ MOREIntroductionWhen it comes to color coated aluminum coils, choosing the right coating can make all the difference. Among the popular options, Polyethylene (PE) and Polyvinylidene Fluoride (PVDF) coatings stand out. But how do they stack up against each other? In this article, we’ll dive deep into the
IntroductionWhen it comes to color coated aluminum coils, choosing the right coating can make all the difference. Among the popular options, Polyethylene (PE) and Polyvinylidene Fluoride (PVDF) coatings stand out. But how do they stack up against each other? In this article, we’ll dive deep into the
READ MOREThe U.S. dollar index rebounded from its low, U.S. stocks corrected, and global market risk appetite significantly declined, which had a noticeable drag on the metals market. In the Shanghai aluminum market, prices continued to fall. The main September 2410 contract opened lower and moved lower throughout the day, with weak trading. The closing price was 19,215 yuan per ton, down 70 yuan, or 0.36%. Although trading volume increased, open interest decreased, indicating that market confidence rema
The U.S. dollar index rebounded from its low, U.S. stocks corrected, and global market risk appetite significantly declined, which had a noticeable drag on the metals market. In the Shanghai aluminum market, prices continued to fall. The main September 2410 contract opened lower and moved lower throughout the day, with weak trading. The closing price was 19,215 yuan per ton, down 70 yuan, or 0.36%. Although trading volume increased, open interest decreased, indicating that market confidence rema
READ MOREOn September 2, the London Metal Exchange (LME) metals market experienced significant volatility. LME aluminum prices fell to a two-week low, while the tin market saw a notable increase in spot premiums. This reflects subtle adjustments in market supply and demand and suggests that the future direction of the metals market may become more complex and variable.
On September 2, the London Metal Exchange (LME) metals market experienced significant volatility. LME aluminum prices fell to a two-week low, while the tin market saw a notable increase in spot premiums. This reflects subtle adjustments in market supply and demand and suggests that the future direction of the metals market may become more complex and variable.
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