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Copper prices welcome a ten-year high, and the prices of raw materials for many home appliances rise again

  • Categories:NEWS
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  • Time of issue:2021-03-07 14:49
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(Summary description)

Copper prices welcome a ten-year high, and the prices of raw materials for many home appliances rise again

(Summary description)

  • Categories:NEWS
  • Author:
  • Origin:
  • Time of issue:2021-03-07 14:49
  • Views:
Information

    On February 22, the A-share non-ferrous metals sector rose by more than 6% as a whole, drawing attention from the outside world. The price of copper, the main raw material for air-conditioning compressors, ushered in a 10-year historical high. Shanghai Copper broke 68,000 yuan/ton, and overseas investment banks represented by Goldman Sachs also raised its copper price target to US$10,000/ton. In addition, important raw materials for home appliances such as steel, aluminum, rare earth materials, and engineering plastics have also risen after the Spring Festival.

 

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