2004.8.20 The metal operation suggests that the LME copper stocks will recover less, and it will also be supported by the fall of the US dollar. The price of copper will increase and it will close at 2,807 US dollars. In the short term, under the tight supply and demand situation, the price of copper will remain at its current position and will fluctuate sideways. And an increase of 30,000 tons in inventory history will make investors' psychological changes. Copper prices are expected to oscillate at a high level. Operationally, investors are advised to wait for a short period of time and wait for the opportunity to short out. LME aluminum steadily increased, closing at 1734.5 US dollars; short-term aluminum prices seem to be supported by the dollar is still more obvious, after all, the aluminum market's consumption is relatively stable in the global context, its fundamentals do not have much news to stimulate the trend It is also more stable. It is expected that the high prices of aluminum in the short term will be repeated and seek upward momentum. Operationally, it is recommended that investors continue to hold strategic domestic long positions. Source: International Futures Metals Division
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