The rise of basic mineral prices with the study of China to strengthen the sale of effects

The prices of basic minerals have risen greatly with the rise of global stock indicators after reports of the policy makers study in China to strengthen bond sales. Nickel, zinc and aluminum prices have risen by more than 1% on the London metal stock exchange, and copper prices have also risen. China could sell a record quantity of private treasury bonds next year by 3 trillion Yuan ($ 411 billion), Reuters, in a move aimed at supporting the slow economy. The fear of demand for the demand in China reflected on the prices of the basic minerals, to land the LEMX Stock Exchange Index, “LMEX”, with about 8% during the current quarter. Investors are also concerned about the possibility of commercial disorders when US President Donald Trump returns to the White House. But the prices of assets with global risks – including commodities – received support from US data this week that showed the slowest increase in personal consumer spending since May, which brought the spirit to more cash facilitation through the Federal Reserve. Aluminum prices also rose on Tuesday, after clouds of stock from the London share stores have climbed to its highest level since mid -October. Traders have requested to extract more than 82,000 tonnes of metal, most of which were in shares in South Korea. Aluminum price rose 1.6% at the London Metal Stock Exchange at 10:30 am in London, the price of nickel rose 1.2%, while zinc rose 1.8%, and Copper added 0.7%.