Copper: Today, the recycled copper price in Foshan market has risen slightly, and the short-term copper market trend is still fluctuating. Although it is still difficult to make a breakthrough at the 70,000 yuan for SHFE copper, the bullish sentiment in the market is still rising. Traders speculate that the copper price is to rise further with the arrival of the peak demand season of the copper market. Currently, the copper market is interwoven with long and short positions, and high shocks are expected to remain the main tone. The weakening of the U.S. dollar index has pushed LME copper closer to the previous high level, but the RMB has forced the trend of domestic copper price, and the high copper price has also put pressure on the demand of the terminal market. At present, the orders of factories and enterprises are slack, and they tend to be cautious in purchasing copper raw materials, which makes the discount of electricity copper in Guangdong expand to about 200 yuan, and the trading of recycled copper is also partially affected.

Aluminum: Today, the aluminum price in Foshan market stopped falling and rebounded, while SHFE aluminum continued to fluctuate above 18,000 yuan, and the market consumption power improved compared with the first quarter. Recently, the orders of aluminum production enterprises have performed fairly well under the high price accepted by the market, but some psychological pressure will affect the transaction when the price rises, but overall, the aluminum price trend in the first half of the new season is generally strong.

Zinc: Today, the price of zinc in Foshan market is stable, and the price of zinc continues to fluctuate at a high level. Shippers are actively shipping goods, and the downstream buying gas continues to improve. However, due to the small adjustment range and less risk release, it is difficult to promote the market buying and selling atmosphere greatly. Most of them are small transactions, and the market trading activity is improved.

Stainless Steel: The price of stainless steel in Foshan market has not changed much today. LME nickel continuously oscillates in a narrow range near the 16000, which leads to unclear market guidance. In the trade of scrap stainless steel, the bargaining between buyers and sellers is deadlocked, and the market enters a downturn of tight supply circulation.