Reuters Review (3-9)

LME copper: three-month copper closed up 5 US dollars at 3,275 US dollars per ton, had previously fallen below 3,230. In the LME Electronic trading platform LME Select, copper hit a high of 3,300 US dollars on Tuesday, in the circle of trading The high is 3,297. Copper has risen about 14% since the beginning of the year, as investors bet on strong demand and tight supply. Despite rising to a record high, analysts said Wednesday's close below $3,280 may trigger a profit settlement. "The second day (closed below 3,280) may convince the fund concerned about the chart's trend to start selling ... may wish to lower prices and wait for an opportunity to re-buy around 3,200," said London Standard Bank Barr. He expects at 3,200 There is firm underlying support below. As major industry players expect production to increase in the second half of this year, some people feel that the copper market is becoming vulnerable and vulnerable to the impact of fund selling. International Copper Study Group (ICSG) The preliminary data released showed that in 2004 the consumption of refined copper in the world was 706,000 tons more than that of production, while in 2003 it was a shortage of 386,000 tons. LME aluminum: aluminum prices hit a 10-year high in the few minutes before the close on Wednesday. Zinc also hit a new high of seven-and-a-half years, supported by fund buying and weaker U.S. dollar prices. The strong upward movement of the two also led other base metals out of the daily low. Three-month aluminum closed at 2,002 U.S. dollars per tonne, compared with Tuesday night trading in London. The stock closed up $15 and briefly touched $2,007 shortly thereafter. It rose to a high of 2,155 since February 1995. "Aluminium was pushed up by buying, as its technical picture looks very favorable, with aluminum closing at $2,000. The top may attract new capital inflows. "A LME trader said," the trend of zinc seems to be very good, the demand for the two basic metals are good. "Analysts said that under the encouragement of strong fundamentals, aluminum futures The price of zinc will be stronger this year. In the last year when metal prices rose sharply, the performance of the two had lags behind. Dealers said that the decline in LME aluminum stocks also provided support to the market. LME aluminum stocks fell by 5,250 tons to 574,875 tons, In January 2004, 1.45 million tons fell by nearly two-thirds. About 20% of this inventory, ie 116,150 tons, will be used for delivery. USD/EUR has hit a two-month low, which is lower than the record low set in December last year. 0.03 cents as investors will usher in the dollar on Friday USEX trade data which has a negative impact. COMEX Copper: Copper futures ended slightly higher on Wednesday, and the continued decline in the US dollar boosted the May contract for the first time to close at a high of above US$1.50 per pound. Alaron Trading analyst Meyer said, “The dollar is today Earlier, it was slightly firmer, with copper experiencing some selling pressure. However, the US dollar lost gains and continued to fall. The copper settlement price for the boosted period hit a record high. "ComEX May copper closed up 0.40 cents to 1.5035 pounds per pound, intraday. The lows and highs were 1.4770 and 1.51, respectively. From a technical perspective, the closing of the copper futures means that the contract is likely to rise further in the short-term. Spot March copper rose 0.45 cents to $1.5020 in March. Traders said the transaction In general, the trading volume of copper contracts was estimated at 16,000, and Tuesday's 12,334. Source: China International Futures Brokerage Co., Ltd.

Welding Machine

GW800D Geomembrane welding machine can weld geo-membrane of various thickness and are applicable for welding of all thermal-fused material such as HDPE, LDPE, EVA, PVC, ECB, PP and so on. The control of this series of welding machine adopts PID automatic thermostatic control with high control accuracy and low temperature fluctuation; speed control adopts PWM automatic voltage and speed regulation circuit, driven by DC servo motor, with great output torque and the operating is stable. It can maintain a constant speed on the condition of creeping, vertical creeping and variable road load. Also this series of welding machine is stable in performance despite of external temperature and voltage variation.

Product Application

The automatic welding machine is designed to weld film/membrane, including HDPE LDPE,PVC, EVA Geomembrane, Composite Geomembrane.

Product Images

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Shandong Jinruixiang Geotextile Material Co., Ltd , https://www.jrxgeosynthetics.com