Views:1 Author:Site Editor Publish Time: 2021-05-25 Origin:Site
Under the influence of state regulation, The price of aluminum fell continuously from May19th to May 24th.
On May 19th, Premier Li Keqiang presided over an executive meeting of the State Council to deploy the work of ensuring supply and stabilizing prices of bulk commodities. He proposed that we should attach great importance to the adverse effects of the rising prices of bulk commodities, curb their unreasonable price rise, and strive to prevent transmission to consumer prices. As a result, the price of aluminum fell sharply for three consecutive days.
We can not ignore the signal issued by the NPC. Once the aluminum price continues to rise and the relevant national regulatory policies are issued, the abnormal activity of capital at the level of non-ferrous metals will not continue, which will inevitably lead to price fluctuations and overdraft of the future market, which will have a comprehensive impact on the upstream and downstream of the industrial chain.