Copper fell below $6,000 on Monday, bringing a haltto a rally in May, on continued weak demand inChina, the biggest consumer of the metal.
周一,铜价跌至每吨6000美元以下,终止了5月份的涨势。原因在于,作为全球最大的铜消费国,中国的需求持续疲软。
Prices for three-month delivery on the London MetalExchange touched $5,985 on Monday. The metalhas fallen more than $400 from its price at thebeginning of May.
周一,伦敦金属交易所(LME)3个月交货的铜价触及每吨5985美元。铜价较5月初已下跌了逾400美元。
There are few signs of strong orders for copper in China by cable makers and for power gridinvestment, despite the arrival of the traditional peak buying season.
在中国,目前几乎没有迹象表明电缆制造商下大额订单或进行高额电网投资,尽管传统的高峰购买季节已到来。
“The downstream demand is still fairly limited, we don’t see sufficient or meaningful recoveryin terms of fundamentals and sentiment has started to turn, said Xiao Fu, an analyst at BOCInternational, a unit of Bank of China.
“下游需求仍很有限,我们认为,在基本面和信心层面尚未看到足够或重大的恢复,中国银行(BoC)子公司中银国际(BOC International)的分析师付晓表示。
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