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以下是特定商品市场的新闻和思想的快速记录,包括撤退金属价格,可能在美国汽车销售中飙升等等。
manbetx赢钱网址, a sister site of ours, scours the landscape for what matters. This week:
Metals prices pull back
在飙升之后,在某些情况下,本月早些时候历史高点,一些金属价格已经冷却了.
Some of that has to do with a warning issued by China's National Development and Reform Commission over the weekend.
据BBC的报告称,“星期日的一次会议 - 在周日的会议上”统一地召唤“,并基本上阅读了骚乱行为来观察”正常的市场订单“,”“Metalminer的Stuart Burns解释”。manbetx赢钱网址
"The message was duly noted.
"Prices have pulled back sharply. The LME three-month copper price dropped by 1.6% to $9,881 per metric ton. Meanwhile, aluminum fell by 1.09% to $2,370 per metric ton."
Furthermore, there is some bearishness on the heels of President Joe Biden's counteroffer on his infrastructure plan, bringing it down from over $2.2 trillion to around $1.7 trillion.
"Market anxiety that President Joe Biden’s stimulus plan — or, at least, the metals-consuming infrastructure element of the plan — is being scaled back after facing opposition from Republicans has also added to negativity," Burns added.
"The spending plan is apparently being scaled back from $2.25 trillion to $1.7 trillion. Most of the cuts will include the most important parts for metals consumption, like broadband, roads and bridges."
美国欧盟贸易关系
Trade tensions escalated between the US and EU throughout the Trump administration, as the former president slapped tariffs on imports of steel and aluminum from the bloc.
But with a new administration in the US, both sides appear to be来到桌子以缓解这些紧张局势.
“在3月,欧盟和我们agreed to suspendall retaliatory tariffs on EU and US exports imposed in theAirbusandBoeingdisputes for a four-month period," Burns explained. "The pause allows both sides to focus on resolving the dispute.
“可以说,特朗普的坚硬的方法是最终将两侧带到桌面上。拜登的方法可能会找到一个解决方案。自2018年以来,两方面都没有从制裁中获得。
"As such, a solution is to everyone’s benefit."
In addition to the long-running Airbus-Boeing subsidy saga — which extends一路回到2004年- 上述第232条关税仍然是两个盟友之间不和谐的程度。
然而,对于欧洲生产商的Chagrin,关税不太可能很快就会消失。
“虽然论证愤怒地对美国关税的影响来回愤怒,但它们仍然是一个充满电的政治问题,”伯恩斯补充道。“关税已经取得了三家主要目标之一,特朗普当局在2018年推出时的主要目标:提升美国钢厂的产能利率利率。
"The latest solution seems to be a much closer cooperation with Europe to tackle Chinese steel overcapacity. That is a topic dear to the European steel industry’s heart. A solution could involve tightening rules of origin and setting import quotas in both regions.
"But an early removal of the tariff?
“那里,欧盟可能会失望。”
铜价可能完成较低
谈到金属价格,本月早些时候,LME铜价飙升至每公吨每公吨10,700美元的历史率高。
Since then, the price has retraced, dipping just below $10,000 per metric ton this week.
As MetalMiner contributor Christopher Rivituso reported this week, copper pricescould post further gains今年在最终闭上的时候。
The Covid pandemic impacted copper mining operations in South America last year, which supported the price.
"High demand as the global economy recovers from the COVID-19 global pandemic may have also helped to boost prices," he added. "Political events in South America could now help them to rise further.
"Pedro Castillo, the socialist candidate for Peru’s upcoming presidential election on June 6, has spoken about his plans to raise taxes and royalties. He has also proposed renegotiating contracts with large companies if elected."
正如我们在上周的圆润,烧伤delved into the copper market以及过热在其中的危险。
Global crude steel output falls slightly in April
Global crude steel output in April从上个月略微下降世界钢铁协会报道。
根据该报告,4月份全球产量总计为169.5万吨吨,下月净约1701万吨。
However, the April total increased from the 137.5 million net tons posted in April 2020.
Despite the slight month-over-month decline, top producer China's output rose. Chinese steel production in April reached 97.9 million net tons, up from 94 million net tons in March.
New-vehicle retail sales headed for record May
J.D. Power and LMC Automotive forecast May new-vehicle retail in the sales areheaded for an all-time high月份。
Per their jointly released monthly forecast, they projected May sales in the US are on pace to reach 1,388,600 vehicles. That projection would marked an increase of 34.0% year over year.
此外,与2019年5月相比,总标记增加了10.6%。
耐用品订单下跌扣环11个月条纹
Meanwhile, new orders for manufactured durable goodsdeclined in April, the Census Bureau reported.
3月份在3月份上涨1.3%后,新订单下跌1.3%,这已连续11个月增加。
A decline in new orders for transportation equipment underpinned the April decline.
More MetalMiner isavailable on LinkedIn.
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