The data released by the Ministry of Industry and Information Technology on the 10th showed that in 2010, prices of non-ferrous metals and energy rose across the board.
Data from the Ministry of Industry and Information Technology shows that as of the end of 2010, the three-month copper futures closed at 72,380 yuan/ton, a record high for the year, an increase of 12,360 yuan over the end of the previous year, and reached the level before the financial crisis.
In terms of energy, international oil prices have continued to fluctuate since 2010. Brent crude oil futures fluctuate between US$70-90/barrel in three months, enter the upper reaches of December and exceed US$90, and close at US$94.7 on December 31. The barrel was a new high during the year, an increase of US$15.3 over the end of the previous year.
The industry believes that maintaining the low interest rate policy and implementing quantitative easing monetary policy in 2011 is the main theme of the economic policies of the United States, Japan, and Europe, which will promote the arbitrage capital to enter the commodity market for profit, and the probability of commodity prices continuing to rise is greater.
Data from the Ministry of Industry and Information Technology shows that as of the end of 2010, the three-month copper futures closed at 72,380 yuan/ton, a record high for the year, an increase of 12,360 yuan over the end of the previous year, and reached the level before the financial crisis.
In terms of energy, international oil prices have continued to fluctuate since 2010. Brent crude oil futures fluctuate between US$70-90/barrel in three months, enter the upper reaches of December and exceed US$90, and close at US$94.7 on December 31. The barrel was a new high during the year, an increase of US$15.3 over the end of the previous year.
The industry believes that maintaining the low interest rate policy and implementing quantitative easing monetary policy in 2011 is the main theme of the economic policies of the United States, Japan, and Europe, which will promote the arbitrage capital to enter the commodity market for profit, and the probability of commodity prices continuing to rise is greater.
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