Gold Ten Futures, November 11th, the relevant person in charge of the China Nonferrous Metals Industry Association answered a reporter's question on the current alumina market: We believe that there are irrational factors in the price trend of alumina, and the excessive speculation of capital is obvious. According to the current cost and price estimates, the average profit of the alumina industry is more than 2,000 yuan/ton, which is unsustainable and should not be sustainable. First, it is hope...
The decline in precious metals and non-ferrous metals futures expanded, with the main contract of Shanghai silver futures falling by more than 5%, Shanghai lead falling by more than 4%, and Shanghai copper and international copper falling by more than 3%.