Today, most of the non-ferrous metals are red, while the increase in Shanghai and Shanghai is up 2%, while Shanghai is up more than 1%, while Shanghai copper, zinc and lead are up slightly.The Shanghai aluminum shock fell slightly.In the black system most of the rise, only the iron ore overnight sharp decline today continues the weak and weak decline;Coking coal led up nearly 4%, thread rose nearly 2%, hot coil, coke rose more than 1%.Crude oil futures are turning red today, up nearly 3%.The dollar returned to the 90 mark, but it still needed to test its support.In today's trade war fears come again, U.S. commerce secretary yesterday rose (Wilbur Ross) on Thursday morning, local time on bloomberg television, said the President of the United States "very soon" trump to announce a China customs declaration, aimed at countering intellectual property theft.Mr Ross said the us was not trying to coerce China, but in "self-defence".
China has a strong response, the peak of China's ministry of commerce spokesman 29 for routine conference, the ministry of commerce ministry of commerce to notice us comments, China's position has not changed, hope us to recognize the situation, conform to the historical trend of economic globalization and trade and investment liberalization, urge the us side abandon unilateralism, trade protectionism, and take measures to resolve differences through dialogue and consultation way, really maintain the good situation of china-us economic and trade cooperation.In addition, yesterday's inventory data showed that as of Friday, the Shanghai futures exchange's aluminum stocks were close to 1 million tonnes, a record high.LME inventories are also close to 1.29 million tonnes, up almost 20 per cent from early February.