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Aluminum prices continue to be strong outside and weak inside Lun aluminum soared to a new high
Time of Update: 2022-12-24
Aluminum pricesOn the supply side, Jinluyu environmental protection control and the epidemic situation in Guangxi gradually faded, the domestic alumina production scale in February reached more than 15 million tons, Geely Bai Mine electrolytic aluminum still has 420,000 tons of production capacity to be repaired, and other resumption of production rhythm is relatively good.
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March 10 aluminum market afternoon review
Time of Update: 2022-12-24
Aluminum CityUnder the continuous escalation of the Russia-Ukraine dispute, overseas was dominated by strong risk aversion and supply concerns, the domestic Yungui and Guangxi regions resumed production rhythm is good, demand is also dragged down by the Spring Festival long holiday and the early accumulation cycle, the internal performance is weak under the mismatch of supply and demand, the Shanghai-London ratio fell below a record low of 6.
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Shanghai copper prices fluctuate significantly, and the market is holding a wait-and-see attitude for the time being
Time of Update: 2022-12-24
At present, the improvement of the epidemic has become a key factor in the short-term copper price trend, but in the context of stable domestic growth, it is recommended to treat it with caution.
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Shanghai copper fell slightly The pattern of weak market supply and demand is obvious
Time of Update: 2022-12-24
Shanghai copperOn the macro level, yesterday's Russian Foreign Ministry issued a statement saying that in response to the US government's sanctions imposed on 328 deputies of the State Duma of the Russian Federation Parliament on March 24 this year, Russia decided to impose "mirror" sanctions on 398 members of the US House of Representatives, which also shows that the situation between Russia and Ukraine is obviously still a long way from being properly resolved.
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Market merchants continue to be afraid of heights and wait and see, Shanghai aluminum continues to be weak
Time of Update: 2022-12-24
Today, Lun aluminum opened low and went low, and the LME was reported at $3,544 / ton at 15:01 Beijing time for three months, down $137, or 3.
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February 9 aluminum market noon review
Time of Update: 2022-12-24
Recently, European energy attention has risen again, coal rose sharply yesterday, and Lun aluminum rose sharply to close the fourth consecutive Zhongyang hit a record high of $3236, closing at $3188.
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Shanghai copper fell back after soaring There was a slight stocking sentiment before the holiday
Time of Update: 2022-12-24
Global metal inventories are near lows, US CPI data hit a new high in recent years, inflation peaked to stimulate the Fed's early interest rate hike expectations, and the US index fell sharply to release non-ferrous metal prices.
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The fundamentals of the aluminum market are strong, and the pattern of supply shortage has not changed
Time of Update: 2022-12-24
Today's Shanghai aluminum main month 2203 contract, opening 22645 yuan / ton, the highest intraday 22690 yuan / ton, the lowest 22360 yuan / ton, settlement 22570 yuan / ton, the end closed at 22615 yuan / ton, up 45 yuan, or 0.
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Brief review of the aluminum market on April 8
Time of Update: 2022-12-24
The domestic supply side mainly focuses on Yunnan's local electrolytic aluminum production and resumption progress continues to exceed expectations, whether it is water storage, thermal power coal storage, Baihetan hydropower station put into operation for power generation, or local policies, all of which have good support for the resumption of production of aluminum plants.
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April 6 Copper Market Afternoon Review
Time of Update: 2022-12-24
Eurozone manufacturing PMI final for March was 56.
Eurozone manufacturing PMI final for March was 56.
Eurozone manufacturing PMI final for March was 56.
Eurozone manufacturing PMI final for March was 56.
Eurozone manufacturing PMI final for March was 56.
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Affected by the slowdown in demand, Shanghai rubber continued to fluctuate slightly
Time of Update: 2022-12-24
On the last trading day at the end of the month, Shanghai rubber continued to fluctuate slightly, the main force closed at 12915 yuan / ton, and the market spot market adjusted with the market about 2
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Domestic Shanghai copper shocks are mainly accumulated and upward pressure on prices has appeared
Time of Update: 2022-12-24
Shanghai copperOn the macro front, money markets briefly bet on a 10bps tightening by the ECB as early as September, then repriced into a 10bps hike in October, before betting on a similar rate hike in February and March 2023.
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Copper prices continue to rise Market sentiment is more optimistic
Time of Update: 2022-12-24
Copper pricesOn the macro front, the country has recently introduced policies to stabilize the economy, the central bank cut interest rates by 10 basis points this week, the LPR interest rate was also lowered, and the central bank's press conference released a strong signal of economic stability, which boosted copper prices in the short term.
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Long and short divergence is large, and rubber prices fluctuate in a narrow range
Time of Update: 2022-12-24
Domestic downstream starts continued to pick up, but due to the high inventory of finished products, short-term raw material procurement demand has not improved, resulting in port inventory out of the warehouse less than the incoming volume, inventory continued to accumulate state, but the accumulation range decreased slightly compared with the previous two weeks.
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Rubber fundamentals are weak and cautiously optimistic should be maintained after the holiday
Time of Update: 2022-12-24
At present, the overall situation of the epidemic situation in the country has improved, and the number of new confirmed cases has shown a downward trend.
At present, the overall situation of the epidemic situation in the country has improved, and the number of new confirmed cases has shown a downward trend.
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PVC market volatility is weak, market trading is tepid
Time of Update: 2022-12-24
PVCAccording to the weekly rise and fall from January 31, 2022 to April 21, 2022, it can be seen that domestic PVC is mixed in the cycle, with the largest increase in the week of February 7 and the largest decline in the week of February 21, and then in a narrow range.
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Shanghai copper volatility is strong The current market is short, long and short
Time of Update: 2022-12-24
Shanghai copperOn the macro front, the situation in Russia and Ukraine is still scorching, and market risk aversion still exists, but Russia agrees that Europe will use the euro to buy natural gas, the euro has appreciated, and the dollar has fallen under pressure; In addition, China's weaker manufacturing PMI data for March hit optimistic expectations of the economic outlook.
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Rubber is expected to be weak in the short term, focusing on the pace of domestic demand recovery
Time of Update: 2022-12-24
As of March 3, the domestic all-steel tire operating rate was 57.
As of March 3, the domestic all-steel tire operating rate was 57.
As of March 3, the domestic all-steel tire operating rate was 57.
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Shanghai copper shock is weak, and the pattern of weak supply and demand is obvious
Time of Update: 2022-12-24
Shanghai copperOn the macro front, yesterday, after the Fed completed a 50 basis point interest rate hike, market volatility began to appear, the dollar fell back in a short time, once again showed a strong trend, standing back to the 103.
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Non-ferrous metals generally pulled back Shanghai copper opened high and went low
Time of Update: 2022-12-24
Shanghai copperAt the macro level, the US non-farm payrolls data was unexpectedly strong, recording the largest increase in three months, which strengthened the market's expectations of a hawkish Fed rate hike.