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    Home > Chemicals Industry > New Chemical Materials > Financial markets have had ups and downs Non-ferrous metals have been firm

    Financial markets have had ups and downs Non-ferrous metals have been firm

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    Overseas ups and downs during the holiday, colored color regained its true color
    .
    As of the close of the 7th, London copper futures were reported at 9306 US dollars / ton, Lun aluminum futures were reported at 2942 US dollars / ton, copper and aluminum holiday trends were clearly differentiated, but the overall center of gravity was moved up compared with before the holiday, and it is expected that domestic copper and aluminum may open
    high.

    colored

    With the end of China's National Day holiday, funds that were previously out of the market are expected to return, and financial markets as a whole are expected to resume their rally given the recent signs of a slight easing in Sino-US relations and the improvement in the US domestic debt ceiling game
    .

    In the context of frequent style switching in the current financial market, non-ferrous metals still show resilience in turbulent times, and their price elasticity is mainly due to the continuous fermentation of hot concepts such as new energy and new infrastructure and carbon neutrality, and the promotion of tight supply and demand of copper and aluminum under the dual control policy of energy and low inventories.

    Under the premise that the domestic and foreign financial markets have not yet exposed systemic risks, the price of non-ferrous metals led by copper and aluminum still has strong structural support, short-term copper around 68,000-72,000 yuan oscillation range, and aluminum prices in the consolidation of 22,000 yuan -22,500 / ton around the support, or try to return to above the 23,000 yuan mark, need to be vigilant against the impact of policy expectations at sensitive time points in the fourth quarter, it is recommended that related industries strengthen production profit hedging operations, ordinary institutions and speculators can see more and move less.
    Trend investors pay attention to more pullback buying, pay attention to controlling positions to control risks
    .

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