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Supply interruptions combined with surging demand in China have caused aluminum oxide to soar to record levels.
Due to global supply interruptions and strong demand in China, the primary raw material market for aluminum smelters continues to tighten, causing Shanghai aluminum oxide futures prices to soar to historic highs.
XINGFA ALUM: INTERIM REPORT 2024
"Buy more as it falls!" Traders take advantage of the price drop to stock up, and the nickel industry may enter a phase of bottoming out | New cycle of csi commodity equity index
1. Some traders have indicated that the nickel price has already dropped to the psychological bottom range, and they are beginning to stock up on low stock price; 2. Currently, high-cost nickel production capacity is gradually being cleared out globally; 3. The future nickel price has limited downside potential, and may experience a phase of bottoming out.
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