Today's news: non-farmers in the United States in June far exceeded expectations of a surge in the dollar gold dive * the relevant state ministries will severely crack down on iron ore price increases, price monopoly and other irregular behavior

Published: Jul 6, 2019 09:53

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Macro information

In the United States, non-farmers in June far exceeded expectations of a surge in the dollar and a gold dive.

The interest rate of the central bank's reverse buyback and ten consecutive stops has hit bottom and rebounded one after another.

Strong weakening of interest rate cuts by non-farmers the Fed may debate whether it is necessary to cut interest rates

The State Administration of Taxation has formulated the Taiwan Code of practice for tax Collection and Administration

Metal news

Release of SMM data on production of basic Metals in China in June

[SMM analysis] does waste aluminum add to limit the shortage of domestic waste aluminum?

Iron ore multi-contract limit import iron ore working group set up

In the bonded area and in the previous period, the copper inventory decreased by 26615 tons, and the VS LME copper inventory increased by more than 30, 000 tons. [SMM interpretation] the copper inventory in the bonded area and the previous period decreased by 26615 tons.

[SMM analysis] the transaction is light downstream, and the silicon metal continues to decline.

[SMM Analysis] details of electricity Price of Electrolytic Aluminum Enterprises in China in June 2019 (with chart)

EU opposes Indian Aluminium's acquisition of Aleris Corp for fear of rising prices

India initiates anti-dumping investigation on stainless steel flat rolled products involving China

[tracking of funds] 900 million funds fled to iron ore Yongan greatly reduced its long position

Vice President of the China Iron and Steel Association: relevant state ministries and commissions will severely crack down on irregular price increases and price monopolies in iron ore.

Zambia intends to pass laws to compel mining companies to procure locally

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