Aluminum: Today, the aluminum price in Foshan market took the lead in callback, but it did not follow the soaring copper price, creating opportunities for preparing materials before the holiday. In the future, the situation that aluminum is strong outside and weak inside continues to give some confidence to the market, and then it will be superimposed by a wide range of bad gas coming from all over the country. The social inventory of aluminum in the country will fall slightly below 800,000 tons (790,200 tons). There may be fluctuation risks during the May Day holiday, so traders still need to be vigilant.
Zinc: The price of zinc continues to rise, and the goods-holders follow the market. Most traders and middlemen who receive goods in the market remain cautious. Manufacturers are relatively cautious and purchase with rigid demands, and the actual transaction of zinc ingots is deserted.
Stainless Steel: The spot market of stainless steel is full of fatigue before the holiday, and the market is in a still state. Scrap stainless steel "reverse invoicing" was implemented, and the market is still hotly debated. With the stabilization of nickel and stainless steel market, the atmosphere of transaction underpricing has eased, recycling manufacturers are rushing to pay bills, the enthusiasm for receiving goods has risen again, and the transaction price has rallied slightly. (Analyzed by LTIT)
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