In the first half of the year, the metal market showed a trend of first rise and then decline. At the beginning of the year, the rapid growth momentum of the past two years continued. The prices of metals such as copper, tin and lead not only recovered to the level before the 2008 financial crisis, but even hit the highest historical price. However, after the rise, the price of major metals fell all the way.
Whether the metal market is no longer bullish is a question that many people who care about commodities in the past six months are thinking about. Mandi Brett of the World Bureau of Metal Statistics told Xinhua that “the current metal market is full of uncertainty.†But from the fundamentals and technical analysis, metal price fluctuations in the first half of the year are only transient, and the market is still in the upward channel.
In the future, global demand for metals will continue to recover, and most metal inventories will decrease. China's copper demand, the world's largest consumer of metals, is picking up to its pre-crisis level and is expected to reach 10 million tons by 2020. The supply side is also conducive to higher metal prices. The impact of long-term investment shortages and declining ore quality has gradually become prominent, which will have a negative impact on supply, which is particularly evident in the copper price. Therefore, Goldman Sachs believes that copper prices will hit the first line of 12,000 US dollars per ton by the end of this year.
In addition, the trend of the US dollar exchange rate also affects metal prices. The weakening of the dollar in the past two years and the recent small gains are reflected in the fluctuations in the metal market. From the perspective of the United States continuing to maintain a loose monetary policy, the general trend of the weakening of the US dollar will remain unchanged, so it will continue to support metal prices.
However, although the metal market is in a long-term bull market, the price will not rise with a smooth curve, and short-term fluctuations will occur due to various resistance factors. This is reflected in market changes since May. There are many factors that cause price fluctuations, such as the macroeconomic data of countries and the prospects of the euro zone debt crisis, which have a direct impact on the market.
It is worth noting that in the past two years, due to the sharp rise in metal prices, a large number of investors have entered the market and they are playing an increasingly important role. Unlike the fundamental needs, metal investors are more sensitive to economic data, and short-term positions and positions have exacerbated market volatility. However, from the perspective of market trading volume, investors still have confidence in the market outlook.
Daniel Paulsonman, commodities analyst at Deutsche Bank, also believes that the metal market will remain bullish in the long run. He said: "I believe that we will see higher prices in the future. There is no bubble in the market, because the price of metals in the past few months is largely driven by fundamental factors."
Professionals expect metal prices to continue to maintain good momentum in the second half of the year, although the increase may not be as good as the same period last year, but the trend of the big bull market will not change. In the first half of the year, the market was adjusting and accumulating strength for the next round of gains.
What is rock wool Sandwich Panel? what is it used for?
The practicability of the rock wool sandwich panel is good, and it has a wide range of applications. Many buildings use this type of panel. But many people don't know much about its materials and uses, so let's introduce it in detail below.
making raw materials
The raw materials of rock wool sandwich panels are generally high-quality basalt, dolomite, etc., mixed according to a certain proportion, melted in a high-temperature blast furnace, and then made into fibers. After cooling, a certain amount of binder is added for rolling, so that the sandwich panel we use every day can be formed. Cutting of different sizes and specifications can be carried out, and the size and specifications of sandwich panels can also be customized.
Application range
In fact, rock wool sandwich panel are not only suitable for daily use in some buildings such as Steel Structure Warehouse, roofs and walls of Prefabricated House, but also can be used for more than 100 yuan, and can be used for soilless cultivation, and its annual use area is wide , City Volunteer Bank is indeed very good. Because it shows a slightly alkaline reaction in the initial stage, it is necessary to pay attention to the pH value when using the nutrient solution. After a period of use, the response will be neutral. Horticultural applications can be carried out according to daily application conditions, as well as water holding capacity, water tension, etc.
Advantages
The building construction industry uses this kind of sandwich panel mainly because of its excellent performance. It has very good fireproof performance, thermal insulation effect, and also has a certain sound absorption effect, so it is very suitable for use as a building material. Moreover, its rigidity is good and its strength is very good, and there will be no problems such as deformation and cracking, and it is also very suitable for long-term use.
Now many manufacturers can provide customized rock wool sandwich panel services. We only need to clarify our needs, choose the appropriate sandwich panel size and specifications, etc., and make an appointment for customization immediately. Moreover, the price of factory direct sales is favorable, the price is high, and it can also provide various services such as transportation and after-sales. It is also guaranteed to choose a reliable manufacturer to cooperate in ordering sandwich panels.
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Henan Jinming Metal Material Co., Ltd. , https://www.hnjmmetal.com