LME copper was supported by rising spot premiums. The current premium has reached US$182/t. From a historical comparison, this premium is at a relatively high level and requires investors to pay careful attention. But at the same time, this rise in water also shows that the tension in copper continues. Therefore, in the absence of such direction, investors are advised to wait cautiously and wait and see. During the lme period, aluminum rose slightly and closed at 1840 US dollars. The short-term volatility of aluminum prices is still passive. Fluctuations in supply and demand during the off-season lack of supply and demand are limited. It is expected that Lon Aluminium will continue to be dominated by oscillations. The short-term uptick of Shanghai Aluminum is limited. After all, the current cost does not fluctuate, and the price is above the cost. This is still a short-term short-selling opportunity for the aluminum plant. Shanghai aluminum prices are expected to go lower. Operationally, investors are advised to short-sell short-term prices above 16500 yuan. Date: 2005-1-31 Source: China
