Copper: Today, the recycled copper price in Foshan market has risen sharply, and the cautious mood in the market has warmed up. With the help of the weakening of the US dollar index, copper futures soared strongly. Today, SHFE copper broke through the 70,000-yuan mark and continued to rise. LME copper broke through the previous high, reaching a maximum of 9,670 US dollars, the highest price since the beginning of August 2011. However, the rapid increase of copper price and the continuous high operation of copper price have caused pressure on copper market consumption. At present, many copper manufacturers report that the downstream orders are obviously reduced, and the sales of finished products are not good. In addition, strict environmental investigation has also caused pressure on copper consumption in some regions. Therefore, in terms of raw material procurement, copper manufacturers still mainly purchase according to needs. At present, the market focuses on the downstream acceptance of high copper prices and the operation direction of funds during the May Day holiday.

Aluminum: Today, the price of aluminum in Foshan market is rising, and market transactions tend to be cautious. Near the May Day holiday, aluminum prices continued to rise, which made aluminum manufacturers cautious, suppressed some mentality of preparing materials, and affected some orders.The traders expect that the aluminum price will test the supporting force in the form of shock upward in the near future. If the profit falls slightly these days, it will be beneficial to prepare materials before the holiday to stimulate consumption.

Zinc: Today, the price of zinc in Foshan market has risen sharply, and there is a strong wait-and-see atmosphere. Traders are more cautious in receiving goods, and basically maintain low inventory operation. Most of them only ask for goods after receiving orders, and market transactions weaken.The price of zinc in Shanghai has been oscillating at a high level, approaching the previous high level several times, but failed to break through effectively, so the rising expectation should not be too high.

Stainless Steel: Today, the price of stainless steel in Foshan market follows the price of nickel.Black futures pulled up, which stimulated the rebound of domestic nickel and stainless steel disk, boosted the confidence in the spot market to a certain extent, and the steel strip rose slightly. Some manufacturers in the waste industry took advantage of the low market to actively replenish goods, which led to the recovery of trading sentiment and a slight rebound in transaction price.