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Nonferrous Metals Industry: RMB devaluation of the non-ferrous plate good Limited

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  A short period of depreciation interval has 12. Recently, the RMB sharp depreciation of the market is concerned more, we from the empirical point of view on the depreciation of the same metal prices and stock market liquidity analysis. From December 2009 -2015 year in July, RMB appreciation has been in the channel, if the devaluation of the threshold of 0.5%.

(1) basic metals: depreciation period, the number of metal prices fell more than the number of times, which may be in 2010 after the metal prices generally in the down channel, but the depreciation of metal prices is not significantly stronger. Several kinds of metals in value during the, disk price increase is outside the disk price increase generally high point, but during the average up (down) sites only 1-2%, were not quite as impressive.
(2) precious metals, after the market that devaluation of good domestic gold most. But the empirical analysis conclusion: 12 for a short period, outer disc / disk gold prices fell by an average of 0.55%/0.54%, basic consistent, in 2014 after the two more substantial depreciation, the disk is the disk strong at around 2%.