LME copper and aluminum futures outlook: inventory reduction will support the copper price higher

Three months composite trading closing support resistance 14th RSI 10th MA 30th MA copper 3,035.00 * 3000 * 3060 * 40 * 3042 * 3153 aluminum 1,734.50 * 1720 * 1750 * 41 * 1734 * 1800 London May 24 news : Traders said that the London Metal Exchange (LME) copper price will go up on Tuesday, benefiting from a reduction in inventories, but foreign exchange movements are expected to make the market in a range range. The US dollar was flat on Monday night's composite trading closing price. The closing price on Monday was firm, as stocks decreased and the dollar weakened, and then maintained most of the gains in the Asian market, despite the US dollar hovering near the high of the last seven months against the euro. However, LME copper stocks The reduction consolidated the price of copper in the Asian market. One European trader said, “At present, we are testing upper gear, but the price is still in a range of fluctuations and trading is quiet.” StandardBank stated in its daily report that “low stock Should curb short selling intensified. If the copper price rises above the 2000 moving average entry threshold of $3,026, it is expected to test around $3,060. "Traders said that after the aluminum price fell sharply, the trend should match that of copper futures. Consistent, pay The investment range was 1,720-1,75 US$. At 0648 GMT, the three-month aluminum price was quoted at 1,739/42 U.S. dollars, which was higher than the closing price of Monday’s comprehensive transaction on Monday night. The Standard Bank line stated that “the trend of sharp declines in prices Slow, but the technical side has not improved and the period price will still be lower than US$1,750."

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Typical Applications---


Minerals Flotation Processing

Electric Factory Coal Preparation
Coal Washing
Chemical Medium Processing
Effluent Handling

Sand And Gravel Handling


2.Construction drawing of Naipu AH series slurry pump

metal construction

Main Part No And Material

3.Select chart of Np-AH Series slurry pump

Ah R Pump Select Chart

4. Performance parameter of AH slurry pump

Np Ah Pump Performance Parameter

AH horizontal slurry pump



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