Current location - Trademark Inquiry Complete Network - Futures platform - Crude oil has plummeted recently, but ferrous metals such as rebar, coke, coking coal and iron ore have risen. Can you explain why for me?
Crude oil has plummeted recently, but ferrous metals such as rebar, coke, coking coal and iron ore have risen. Can you explain why for me?
1, crude oil plummeted because oil exporting countries boycotted the exploitation and development of new shale oil.

2. With the emergence of energy substitution products such as Tesla, the price of crude oil has fallen, hoping to save people's dependence on gasoline.

3. With the economic development and loose financial policies in China and other countries (interest rate reduction: lowering deposit and loan interest rates and releasing liquidity. ) real estate and infrastructure construction are eager to try.

4.20 14 The fluctuation of oil and ferrous metal prices is not closely related.

FYI