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Founder Securities: Prices of non-ferrous industry and industrial metals are weakening, and gold prices are reaching new highs.
Domestic demand for industrial metals has entered the off-season, coupled with increasing expectations of a U.S. economic downturn. Industrial metal prices may remain weak, and attention can be paid to downstream demand changes in the off-season. In addition, the expectation of interest rate cuts is gradually fermenting, coupled with the weakening of the U.S. credit system, and the short-term gold price may maintain a high-level shock trend.
RX Greater China Hosts Record-Breaking ALUMINIUM CHINA 2024, Focuses on Green Smart Aluminium and International Cooperation
Aluminum oxide prices have risen to a two-year high, and China's aluminum oxide industry is actively increasing production.
Aluminum oxide prices reached $510 per ton, hitting a two-year high. The price increase has stimulated aluminum oxide production in China, with new projects in Shandong, Chongqing, Inner Mongolia, and Guangxi to be put into operation in the second half of this year. Chinese aluminum oxide producers are increasing production to seize this opportunity of high stock prices.
Aluminum Market to Reach $285.4 Billion, Globally, by 2033 at 5.9% CAGR: Allied Market Research
Panasialum (02078.HK) appointed Lin Wai Man as a non-executive director.
Panasialum (02078.HK) announced on June 28th that Ms. Lin Wai Man has been appointed as a non-executive director of the company and will take effect on July 1, 2024.
We Discuss Why PanAsialum Holdings Company Limited's (HKG:2078) CEO Compensation May Be Closely Reviewed
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