Group 1 - LME aluminum prices have declined for three consecutive days, reaching their lowest level in nearly two weeks due to the potential end of the Russia-Ukraine conflict, which may increase supply from Russia [1] - As of August 19, LME three-month aluminum fell by $25, or 0.97%, closing at $2,563.5 per ton, with an intraday low of $2,561, the lowest since August 6 [1] - The LME has banned the inclusion of aluminum produced in Russia after April 2024 in its warehousing system, leading many companies to refuse Russian materials [6] Group 2 - Other base metals also experienced price changes, with three-month copper down by $41, or 0.42%, closing at $9,692 per ton, and three-month zinc down by $8.5, or 0.31%, closing at $2,768.5 per ton [2][3] - Three-month tin saw an increase of $148, or 0.44%, closing at $33,850 per ton, with Indonesia's refined tin exports in July rising by 11.2% year-on-year [8] Group 3 - The strengthening of the US dollar has made dollar-denominated commodities more expensive for buyers using other currencies, adding pressure to the metals market [7] - Investors are awaiting policy cues from the Federal Reserve's annual symposium in Jackson Hole, contributing to market volatility [6]
金属普跌 期铝创近两周新低,因俄罗斯供应或增加【8月19日LME收盘】
Wen Hua Cai Jing·2025-08-20 00:17