<tt id="6hsgl"><pre id="6hsgl"><pre id="6hsgl"></pre></pre></tt>
          <nav id="6hsgl"><th id="6hsgl"></th></nav>
          国产免费网站看v片元遮挡,一亚洲一区二区中文字幕,波多野结衣一区二区免费视频,天天色综网,久久综合给合久久狠狠狠,男人的天堂av一二三区,午夜福利看片在线观看,亚洲中文字幕在线无码一区二区
          BIZCHINA> Top Biz News
          Profit-taking takes sheen off metal prices
          (China Daily/Agencies)
          Updated: 2009-08-18 08:04

          Industrial metals prices fell yesterday under pressure from profit taking after a surge in Shanghai copper stocks to a two-year high and soft US consumer confidence data prompted a cross-market sell-off.

          Shanghai copper and zinc both fell by their 5 percent daily limits and aluminum was also sharply down, while London nickel slumped 6 percent and copper shed almost 3 percent, adding to Friday's 2.4 percent loss when the market slid from 10-month highs.

          "It was all a bit too fast and a bit too easy and the whole market was ready for the correction," a dealer in Sydney said.

          "Copper seems to be holding $6,000 for now, but that may face pressure later in the day when we get new data."

          A weaker-than-expected reading from the Reuters/University of Michigan Survey of Consumers and a 20-percent surge in weekly Shanghai copper stocks to 76,107, their highest in two years, ignited Friday's cross-market sell-off.

          Asian equity markets joined those in the US and Europe which dropped on Friday and oil started the week 1.5 percent down at $67 a barrel, having shed $4 on the numbers of Friday that showed Americans grew increasingly worried over jobs and wages.

          "People are getting out of commodities, energy and equity markets. They have seen handsome gains in the past few months so who can blame them?" said a dealer in Hong Kong.

          "Trade is fairly thin. Prices are very choppy and few of my clients want to leave money on the table overnight given the fading confidence in a quick US recovery."

          Related readings:
          Profit-taking takes sheen off metal prices BHP cautions on outlook as metal prices decline
          Profit-taking takes sheen off metal prices Xstrata takes a hit from slump in metal prices
          Profit-taking takes sheen off metal prices Base metal prices vault to new highs
          Profit-taking takes sheen off metal prices Higher metal prices, manufacturing boost HSI

          Traders said a deep retracement could see copper back to the low- to mid-$5,000s, but others said long-term investors were still buying on dips and that would limit the downside.

          "Long-term players are buying the dip, if you can call $6,100 a dip. I see support between $5,800 and $6,000, which would be a return to the previous ranges," a trader in Singapore said.

          Shanghai third-month copper fell 2,520 yuan from Friday's settlement to close at 47,790 yuan a ton. The benchmark London Metal Exchange contract for delivery in three months lost 2.9 percent, or $180, to $6,060 at 0711 GMT.

          "The market has come up a long way so there is potential for some short-term weakness, but fundamentally, we remain positive. We are seeing selling from Chinese accounts," Barclays Capital analyst Yinggxi Yu said.

          "I think this is profit taking and positioning after the run-up."

          Copper prices have jumped more than 20 percent since the end of June.

          Shanghai copper traded 663 yuan above the LME benchmark accounting for Chinese VAT, making imports unprofitable.

          Shanghai zinc fell 760 yuan from Friday's settlement to 14,375 yuan.

          LME zinc lost 2.2 percent to $1,785 while nickel tumbled as much as 6.2 percent before recovering to $18,575, down 4.7 percent from Friday's last open outcry.

          "Nickel always overshoots - on the way up and the way down. The recent rally to $21,000 was overdone and this pullback seems reasonable," said Shanghai-based Bonnie Liu, analyst at Macquarie.

          Profit-taking takes sheen off metal prices

          Profit-taking takes sheen off metal prices

          Profit-taking takes sheen off metal prices


          (For more biz stories, please visit Industries)

           

           

          主站蜘蛛池模板: 国产一区二区一卡二卡| 久久人妻无码一区二区三区av| 国产人成77777视频网站| 亚洲最新版无码AV| 久久精品国产免费观看频道| 18禁一区二区每日更新| 亚洲中文字幕无码不卡电影| 国产一区二区三区内射高清| 日韩av无码DVD| 无码av最新无码av专区| 国产精品67人妻无码久久| 久久精品午夜视频| 精品自拍自产一区二区三区| 欧美日韩高清在线观看| 农村国产毛片一区二区三区女 | 亚洲色一区二区三区四区| 无套内谢少妇毛片在线| 精品熟女少妇av免费观看| 久久精品丝袜高跟鞋| 亚洲第一福利网站在线| 青草精品在线视频观看| 亚洲欧洲一区二区精品| 成人福利一区二区视频在线| 老司机性色福利精品视频| AV极品无码专区亚洲AV| 青草青草伊人精品视频| 大香蕉av一区二区三区| 久久夜色撩人精品国产av| 无码国产精品一区二区av| 色吊丝一区二区中文字幕| 国产精品一区二区三区蜜臀| 国产精品乱一区二区三区| 精品在线观看视频二区| 亚洲av综合a色av中文| 成人深夜节目在线观看| 爽死你欧美大白屁股在线| 日韩高清不卡免费一区二区| 国产精品国产三级国产a| 少妇粗大进出白浆嘿嘿视频| 国产在线不卡精品网站| 亚洲最大成人av在线|