Lates News

CITIC Securities released its Q4 commodities outlook report: It forecasts that the main continuous futures average prices of polysilicon and industrial silicon will be 36,000 yuan/ton and 8,500 yuan/ton, respectively, and that the main continuous rubber futures price will run firm within the range of 19,000-21,000 yuan/ton. It expects Brent crude oil prices to fluctuate at a high level around $100/barrel, and the average price of thermal coal during the peak season may rise to 875 yuan/ton. It forecasts that the price range for hot-rolled coil will be 3,150-3,400 yuan/ton, and for iron ore $88-100/ton. Nonferrous metals: It forecasts that the price ranges for gold and LME copper will be $4,000-4,500/oz and $14,000-15,000/ton, respectively, the domestic aluminum price will be 22,500 yuan/ton, and the price range for lithium carbonate will be 100,000-120,000 yuan/ton.