August 29, the European styrene market FOB fell 22 US dollars / ton, ARA reported 1362-1363 US dollars / ton.

LONDON (Reuters) – London Metal Exchange (LME) copper fell from its 33-month high on Friday, as investors rallied their gains and adjusted their positions before the long weekend came.

Due to the British market holiday, LME market closed on Monday.

London time on August 25 17:00 (Beijing time on August 26 00:00), three-month copper fell 0.3 percent, to $ 6,666 per ton, earlier touched in November 2014 to the highest $ 6,747.

“I think there have been some profit taking and rolling positions before the holiday long weekend,” a trader said.

Since the beginning of June, LME six metal index has soared 18%, analysts said the industrial metal prices rally need to take a breather, the metal prices fell.

Julius Baer Commodity Research analyst Carsten Menke said, “I also think that copper prices overstep, it is time to amend, but every amendment requires a trigger point.”

He also pointed out that one of the triggering factors may be a rebound in the dollar, the other may be confirmed that the next few months the main metal consumer China’s economic growth will slow down.

Friday’s data show that the Shanghai Futures Exchange copper stocks fell 8.2% this week to 18.7444 million tons, earlier support for the copper price.

Over the past six weeks, LME registered warehouse receipts halved to 112,950 tonnes.

Other basic metals, LME three-month aluminum fell 1.7 percent to $ 2,070 per tonne, after LME aluminum stocks continue to increase, about two weeks to register warehouse receipts increased by 10.75 million tons.

Russian aluminum giant Rusal said Friday its core profit rose 48% in the second quarter, helped by higher aluminum prices. Russia aluminum said the second half of the optimistic outlook, due to tight supply in China.

Three-month nickel fell 2.2 percent at $ 11,485 per tonne.

Three-month zinc fell 1.8% at $ 3,063.50 a tonne.

Three-month lead fell 1.4% to close at $ 2,325 a tonne.

Three-month tin fell 0.8% to close at $ 20,325 a tonne.

July 2017 ethylene glycol exports amounted to 250.459 tons, January-July total imports of 15747.568 tons; July total exports of 761,900 US dollars, the total export value of 18,104,200 US dollars.

July 2017 ethylene glycol imports for the 699755.633 tons, January-July total imports of 4905828.899 tons; July total exports of 557.3840 million US dollars, the total export value of 4047,550,600 US dollars.

August 25 US p-xylene market closing price rose 5 US dollars / ton, the closing price of 765-775 US dollars / ton FOB US Harbor.