Copper stocks continue to decline today, Zijin Mining drops more than 5%

2021/06/09

Copper stocks continued to decline today. As of press time, Zijin Mining fell 5.28% to HK$10.4; China Gold International (02099) fell 4.79% to HK$22.85; China Nonferrous Mining (01258) fell 4.66% to HK$3.48; Jiangxi Copper Industry shares (00358) fell 2.2% to 16.04 Hong Kong dollars.

On the news, as investors worry that rising inflation will trigger a shift in Fed policy, global commodities have been adjusted across the board recently. The State Reserve Bureau of China plans to gradually dump the news of copper, aluminum and zinc reserves in the next few months, which will help the copper price decline. On Tuesday, recent-month copper futures fell 4.2% to US$4.34 per pound, 9% below the May record. The price of Lun copper fell by about 4%, staying at $9,500, to its lowest level in two months.

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The main technical performance of the copper valve

The strength performance of the copper valve refers to the ability of the copper valve to withstand the pressure of the medium. The copper valve is a mechanical product that bears internal pressure, so it must have sufficient strength and rigidity to ensure long-term use without cracking or deformation.

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The latest development of copper valve technology

Since the beginning of the 21st century, some well-known domestic copper valve manufacturers have broken conventional ideas and bravely innovated and practiced

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According to the selection of control functions, various valves have their own functions, and attention should be paid to their corresponding functions when selecting.

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