zyngachips|废铜跌幅超1200元/吨：伦铜跌超350美元，废铝存回落风险

Newsletter summary

Copper prices are expected to fall first and then stabilize next week.ZyngachipsThe main force of Shanghai Copper is 7.Zyngachips.85-8ZyngachipsThe price of scrap aluminum is at risk of falling.ZyngachipsShippers can ship an appropriate amount of goods; changes in the demand for waste batteries need to be paid attention to; lun zinc is boosted by the decline of the US index, but high inventory is a potential risk.

Text of news flash

Copper price forecast next week: fall first and then stabilize

Scrap copper prices plunged more than 1200 yuan / ton before the festival, and copper prices are expected to fall first and then stabilize next week. The main price range of copper in Shanghai may be between 78500 and 81000, and that of scrap copper in the range of 70500 to 72000.

The price of waste aluminum faces the risk of falling.

This week, due to 5.1 short holiday, only two trading days, some of the scrap aluminum prices were adjusted due to "reverse billing". During the holiday period, most enterprises choose to stop and wait and see, and the overall turnover of the market is relatively light. It is expected that the price of waste aluminum will fall next week, so it is recommended that the holder ship an appropriate amount of goods.

The demand of waste battery is affected by policy

During the May Day holiday, some recycled lead refineries suspended the acquisition of waste batteries because of "reverse billing", and the overall turnover in the market was light. Due to the need for policy adjustment in the upstream and downstream, trade volume has been compressed and trade demand has declined. The change in demand for waste batteries in the post-holiday market may bring price adjustment pressure.

The price of waste zinc is affected by overseas employment prospects.

During the May Day holiday, the Shanghai zinc market is closed, but the outlook for overseas employment continues to improve. Although this poses a risk to inflation, Powell's attitude turned to be a pigeon, the US index fell, and Zinc remained high. Zinc rose more than 1.5% in the week. After the festival, market buying will gradually resume, but high inventory at home and abroad is still a potential risk, so we need to guard against the possibility of high zinc prices falling after the upstream and downstream games.