July 21-Tin Market Comment (comment On This Afternoon)
According to foreign news on July 20, LME Copper futures fell on Wednesday, hurt by the stronger dollar and increased production, China. London July 20 16:00 (Beijing time July 21, 00:00), three-month delivery fell $ 0.36% to close at 4,966 dollars a tonne. The dollar rose against a basket of major currencies, driven by strong United States housing data and the Federal Reserve may raise interest rates before the end of the expectations generated. Data released by the National Bureau, although producers are expected to be cut, but China's refined copper output increased by 7.6% in the first half. Data show that China June 686,000 tons of refined copper production, total production in January-June was 4.028 million tons.