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Research On The Supply Chain Of Aluminum Anti-collision Beams For Automobiles

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Cost Analysis Of AL Extrusion For Target Units

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Research On The Sustainable Development Layout Of Key Players(Foil, Roll, Plate)

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Optimization Of Purchasing Cost For Casting Alloys

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METALS-Copper Ends Q2 down 17 pct as Recovery Doubts Bite

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NEW YORK/LONDON, June 30 (Reuters) - Copper closed the second quarter of 2010 with a loss of more than 17 percent on Wednesday, snapping a string of five consecutive quarterly gains and suffering its biggest three-month decline since the late-2008 financial crisis.
A string of worrisome data and developments, including soft consumer confidence in the United States and a downward revision in China's leading economic indicator index, led a broad retreat in the base complex, adding to the bearish sentiment during the quarter.
&quot;That's clearly what the markets are reacting to,&quot; said Peter Buchanan, commodities analyst and senior economist at CIBC in Toronto. &quot;Data touched three of investors' major concerns yesterday, namely the outlook in China, the U.S. consumer, and also the euro zone pressure as well,&quot; he said.
Copper for September delivery HGU0 on the COMEX metals division of the New York Mercantile Exchange ended up 2.00 cents at $2.9505 per lb, near the upper end of its $2.8705 to $2.9745 session range.
On the London Metal Exchange, benchmark copper for three-month delivery CMCU3 finished up $16 at $6,510 a tonne.
Despite modest gains in both markets, which traders attributed to quarter-end window dressing, the metal lost more than 17 percent of its value in the quarter. Worse-than-expected private-sector employment data added to the worries, after figures showed muted private payroll gains of only 13,000 jobs in June.
&quot;The U.S. jobs data was disappointing, as they point to a continuation of the anemic recovery in the United States,&quot; said David Thurtell, analyst at Citi. &quot;With world producers looking for consumers to step up to the plate, we need jobs to be created. The BRIC economies, particularly China, are doing their best to act as a locomotive, but the load is a heavy one.&quot;
Sentiment was further undermined by a survey of business activity in the U.S. Midwest and news that business activity in New York dipped in June.
&quot;We have been looking at growth to decelerate significantly in the second half of the year, and I think the data is a sign that that is still the most likely scenario,&quot; CIBC's Buchanan said.
STOCKS OFFER SUPPORT Other base metals slipped to their lowest in nearly three weeks, with aluminum at one point down to $1,920 a tonne, zinc at $1,722, lead at $1,677 
and nickel at $18,933. Tin fell to $17,200, its lowest since June 15. Aluminum CMAL3 closed up $27.50 at $1,977.50 a tonne.
Offering the demand picture some support, stocks of aluminum at LME warehouses have been on the decline, last falling 5,475 tonnes to around 4.4 million tonnes, down from a record above 4.6 million tonnes hit earlier this year.
Zinc CMZN3 ended $47 firmer at $1,790 a tonne and lead CMPB3 gained $15 to finish at $1,735 a tonne.
Tin CMSN3 dropped $150 to close at $17,450 a tonne, while nickel CMNI3 climbed $670 to $19,745 a tonne.
&quot;This is a market that from a macro perspective is not looking very robust,&quot; said Deutsche Bank analyst Dan Brebner. &quot;The conditions in Europe look highly risky,&quot; he said. &quot;There are questions with respect to the U.S. possibly slipping into another recession. Risk aversion is likely to be elevated.&quot; 
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MINOR METALS-Prices Weak on Demand Outlook, Rebate Cuts

METALS-Copper Ends Q2 down 17 pct as Recovery Doubts Bite | Shanghai Non ferrous Metals

METALS-Copper Ends Q2 down 17 pct as Recovery Doubts Bite

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