Beijing time on September 9, Bloomberg said the forefront of industrial metal prices in the dazzling rally Friday (September 8) came to an end, by the North Korean geopolitical situation and concerns about China’s manufacturing industry dragged down.
London Metal Exchange 5:52 pm local time, nickel prices fell 4.6%, the settlement price of $ 11,590 / ton, the highest decline since November 2016 the largest since. Copper fell 3 percent to $ 6,693 / t, taking the week’s gains. Traders rush to exit, New York copper contract transactions than 100 days at this time the average turnover of 63% higher.
The London Metal Exchange’s six major metals indices fell the biggest since November, and China’s slowdown in export growth worries that the appreciation of the renminbi has hurt China’s manufacturing industry and has had an impact on global trade. North Korea this weekend may also launch guide dan, which also exacerbated the anxiety of investors, and this time the market is also facing extreme weather conditions may bring economic impact. Hurricane Harvey just ended, Hurricane Ima is raging in the Caribbean, the next step will be moved to Florida.
| Benzalkonium chloride |