Commodity prices are affected by major international money supply, interest rate, exchange rate and other financial factors, as well as aggregate supply and demand and the balance between supply and demand of individual varieties. Behind this, international capital and geopolitical forces are influencing the market, and such game begins to destroy market trading rules.

Compared with the previous international commodity price fluctuations, the recent changes in commodity prices show the following characteristics.

First, the international commodity market intensified the game, the trend is more difficult to judge.

Second, the trend of different kinds of commodities appears obvious differentiation. Major commodities such as oil and non-ferrous metals have continued to decline in recent months

Third, the impact of international commodity prices on different countries varies.

 For the steel industry, in recent days, with the gradual release of the COVID-19 control measures in many places across the country, coupled with the slowing down of the interest rate hike of the Federal Reserve and the strengthening of the implementation of a series of domestic policies to stabilize growth, the steel market is increasingly expected to improve, ushering in a round of rising prices. With the release of the epidemic policy, problems such as the inability of previous customers to see the goods on site, face-to-face communication, and timely delivery of goods to the warehouse or port have disappeared, greatly enhancing customer trust and enthusiasm.