Reuters Review (9-10)

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Reuters commentary (9-10) LME market: Traders said that the London Metal Exchange (LME) base metal strengthened on Friday. Copper buying triggered a stop-loss order and led other metals higher. The LME trader said: " Stop-loss orders above $2,770 and $2,780 were triggered. In addition, the weaker dollar after the United States released data is the main reason why the base metals continue to strengthen. The US dollar rose against the euro as data showed that the U.S. trade deficit was lower than expected. However, U.S. August The producer price index (PPI) fell 0.1%, originally expected to grow by 0.1%, which prompted the US dollar sell-off to emerge. 1520 GMT, the euro against the US dollar reported 1.2293/96 US dollars, late Thursday, New York reported 1.2194. Analysts said that China In August, the industrial added value increased by 15.9% year-on-year, and in July it was 15.5%, which also helped to increase the price. Man Financial Metals analyst Mel told Reuters: "I think this has caused the price to rise." He said: "But we are Gradually approaching the high end of the range, prices will take a break before further rises.” LME Copper: Three-month copper firmed to $2,795 a tonne, and Thursday night's composite trade closed at 2,753. The intraday trading range was 2,738- 2,802....I still think that copper will sideways Copper has yet to break any important levels. "Another trader said. LME Aluminium: Three-month aluminum rose to $ 1,705, closing at 1,672 on Thursday. The aforementioned dealers said:" The trend of aluminum is very interesting. Some funds are Aluminium sold in the past few days, and now has to cover some short positions." COMEX copper: Copper futures on the New York Mercantile Exchange (COMEX) fell from a three-week high Friday, but still rose sharply, traders said that due to the United States The unexpected fall in the producer price index (PPI) has caused the U.S. Federal Reserve Board (FED) to raise its interest rate policy in doubt, thus suppressing the decline of the U.S. dollar. The weaker U.S. dollar seems to have contributed to copper futures and the stock market has also risen. The drop in crude oil prices has, to some extent, boosted confidence in the economy as a whole.” A copper trader said. Indicators December copper closed up 1.60 cents at $1.28 per pound, intraday trading range was 1.26- 1.2920, which is higher since August 18th. Spot September copper rose 1.60 cents to close at 1.2810 US dollars per pound. Other monthly contracts ended higher at 1.25-1.60 cents. COMEX copper is estimated at 12,000. Mouth, higher than Thursday's 4,591. Date: 2004-9-13 Source: China Aluminum Board Network Information Center

Hydraulic Tool

A hydraulic tool is a type of tool that uses hydraulic power to perform various tasks. It operates by using fluid pressure to generate force and perform work. The hydraulic power is typically generated by a Hydraulic Pump, which pushes hydraulic fluid through a series of hoses and into the tool.
Hydraulic tools are commonly used in industries such as construction, automotive, and manufacturing. They are known for their ability to provide high levels of force and precision. Some common types of hydraulic tools include hydraulic jacks, hydraulic presses, hydraulic cutters, hydraulic crimpers, and hydraulic torque wrenches.
One of the advantages of hydraulic tools is their ability to generate a large amount of force with relatively small input effort. They can also be operated remotely, allowing for increased safety and convenience. Additionally, hydraulic tools are known for their durability and long lifespan.
However, hydraulic tools require regular maintenance, including checking and replacing hydraulic fluid, as well as inspecting hoses and fittings for any signs of wear or damage. It is also important to follow proper safety procedures when operating hydraulic tools, as they can be powerful and potentially dangerous if used incorrectly.

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