February 22, 2025

Fund buying sought copper and aluminum rose

International copper market: In the current international copper market, due to tight supply, the strike of the Chilean copper company's next smelter will be affected. The price of copper exceeded the US$3,000/tonne driven by the fund buying and the short covering caused by it. turn off. Although the subsequent market appeared to be repeated under the pressure of profit-taking, the continued emergence of fund purchases caused copper prices to hit a high of $3,065/tonne in the past decade. London’s three-month copper closed at $3,046/ton on October 7, up $114 from the end of the previous period. Shanghai Copper Market: In the current period, supported by the tight domestic spot supply and strong international copper prices during the National Day holiday, the price of copper continued to rise due to buying and short covering. On October 8th, most contracts closed at a daily limit, including the main force. 0412 contract closed at 30050 yuan / ton, up 1410 yuan from the end of the previous period. The cumulative turnover of the contracts was 488,386 lots with a turnover of 70.927 billion yuan. International Aluminium: In the current period, due to rising stocks, it was once suppressed by selling. However, following the pursuit of fund buying, aluminum prices rebounded sharply and reached a high of 1,870 US dollars/ton in August 1995. London’s three-month aluminum closed at 1,850 US$/ton on October 7, up 36 US dollars from the end of the previous period. Shanghai Aluminium Market: The trend of the current period is similar to that of copper. The main contract of the 0412 contract exceeded the 17,000 yuan/ton mark and approached the price of 17,500 yuan/ton. On October 8, the main 0412 contract closed at 17,510 yuan per ton, up 580 yuan from the end of the previous period. The cumulative turnover of the contracts was 155,182 lots, and the transaction value was 13.282 billion yuan.

Concertina Barbed Wire

Concertina Barbed Wire, also known as Razor Wire, is a type of barbed wire that is formed in large coils which can be expanded like a concertina. It is designed with sharp edges or points arranged at intervals along the strand(s). This type of wire is used to form barriers or fences for security purposes, often used in military or prison settings.

The concertina design allows the wire to be compacted during storage and transport, and then expanded and installed with ease. It is highly effective as a deterrent and physical barrier due to its sharp blades which can cause serious injury to those trying to cross it. It is often used in combination with other types of fencing to create a high level of security.

Concertina wire is a type of barbed wire or razor wire that is formed in large coils which can be expanded like a concertina. It is used to form military-style wire obstacles.
1. Concertina Barbed Wire: This is a type of barbed wire that is coiled and can be expanded like a concertina. It is designed to create an obstacle that is difficult to overcome. It is often used in military settings or for high-security areas.
2. Concertina Razor Wire: This is similar to barbed wire but has razor-sharp blades instead of barbs. It is designed to cause serious harm to anyone trying to climb over or through it.
3. Concertina Wire Fencing: This is a type of fencing that uses concertina wire. It is often used for security purposes, particularly in prisons, military bases, and other high-risk areas.
4. Concertina Wire: This is a general term that can refer to either concertina barbed wire or concertina razor wire. It is named for its ability to be expanded and contracted like a concertina, which makes it easy to transport and install.

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