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Affected by multiple favorable factors, the support below Shanghai aluminum is strong
Time of Update: 2022-12-24
Shanghai aluminumThe epidemic in Guangxi has caused a local aluminum plant to stop production, which is expected to affect the annual production capacity of 420,000 tons of electrolytic aluminum.
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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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May 10 London Copper Afternoon Review
Time of Update: 2022-12-24
London copperThe dollar continued to strengthen, the market expected the Fed to actively suppress inflation, triggering a sharp rise in risk aversion, boosting the safe-haven attractiveness of the dollar, the dollar has risen for five consecutive weeks, overnight London copper rushed back down, the latest closing quotation of 9270 US dollars / ton, closed down 118 US dollars, down 1.
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Rising energy prices boost the market Shanghai copper followed the external market to rise in tandem
Time of Update: 2022-12-24
Overall, the Fed's interest rate hike has landed, the current negotiations between Russia and Ukraine have not yet been finalized, and the domestic epidemic has impacted both supply and demand, and multiple factors have added uncertainty to the current copper price.
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Brief review of Shanghai aluminum on March 28
Time of Update: 2022-12-24
Shanghai aluminumAffected by the frequent outbreak of the domestic epidemic in recent days, domestic inventory has once again turned into accumulation, in addition, the epidemic has also reduced downstream demand to a certain extent, poor transportation has led to production difficulties for enterprises, and the short-term has a certain negative impact on aluminum prices.
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Copper prices are close to the pressure position, and the room for continued growth is expected to be limited
Time of Update: 2022-12-24
The OPEC meeting dispelled expectations of a sharp increase in crude oil production, crude oil climbed overnight and supply worries, most non-ferrous metals rose, and London copper closed at $9795, up 0.
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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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Rubber prices are expected to continue the weak volatility pattern in the short term
Time of Update: 2022-12-24
rubberOn the 28th, the main closing price of NR was 11755 (-70) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1835 (0) US dollars / ton, Malaysian standard rubber 1830 US dollars / ton (0), Indonesia standard rubber 1880 (0) US dollars / ton.
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The non-ferrous sector was under pressure as a whole, and the trend of Shanghai copper fell
Time of Update: 2022-12-24
Overall, the current Fed interest rate hike environment is relatively unfavorable for copper prices, and although there are relatively strong expectations on the domestic demand side, whether such strong expectations can be fulfilled is the focus of the future market.
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Copper market trading is generally Sentiment and trading are relatively calm
Time of Update: 2022-12-24
Shanghai copper volatility rose on Friday, and the rally accelerated further after midday, closing the Shanghai copper main 2203 contract at 71890, up 530, or 0. 74%. On the macro front, at the beginn
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Market expectations are good, PVC spot prices are strong
Time of Update: 2022-12-24
In terms of the market, since April, the maintenance plan of production equipment has increased, and the probability of starting construction in the PVC industry has fallen in a narrow range.
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PVC short-term high shock upward momentum is insufficient
Time of Update: 2022-12-24
On the supply side, calcium carbide shipments are acceptable, and PVC starts at a relatively high level.
The overall start of PVC has maintained a relatively high level, and the recent orders received by enterprises are general, and there is no obvious sales pressure for the time being.
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Aluminum prices are strong and volatile, pay attention to overseas situations and domestic inventory changes
Time of Update: 2022-12-24
Under the Russian-Ukrainian conflict, the export and transportation of Rusal may be blocked, coupled with European energy prices at a high level, European electrolytic aluminum production reduction concerns continue to heat up.
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The tight supply situation is difficult to change, and scrap aluminum may show a steady rise
Time of Update: 2022-12-24
Last week, scrap aluminum prices were mixed, and scrap aluminum in South China weakened slightly, currently around 17600 local 6063 old materials, 16800 machine aluminum, and crushed raw aluminum arou
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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 narrow range shock finishing late may show a higher pattern
Time of Update: 2022-12-24
Shanghai copperAt the macro level, yesterday's economic data was still relatively sparse, and this evening we need to focus on the US CPI data for January.
Shanghai copperAt the macro level, yesterday's economic data was still relatively sparse, and this evening we need to focus on the US CPI data for January.
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Fundamentals have not improved significantly PVC prices follow market fluctuations
Time of Update: 2022-12-24
On March 31, the average price of domestic PVC mainstream was 9010 yuan / ton, up 60 yuan / ton from 8950 yuan / ton at the beginning of the week, an increase of 0.
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March 28 aluminum market morning review
Time of Update: 2022-12-24
Aluminum CityIn the morning, spot market trading improved, downstream bargain hunting replenishment, holders quoted relatively firmly, traders performed less positively.
Aluminum CityIn the morning, spot market trading improved, downstream bargain hunting replenishment, holders quoted relatively firmly, traders performed less positively.
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April 8 Copper Market Brief Review
Time of Update: 2022-12-24
Copper CityAfter the short-term adjustment, the negative impact of the Fed's hawkish interest rate hike may have been basically priced in by the market, and copper prices have risen under the resonance of high inflation and low global inventories.
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Brief review of Shanghai aluminum on March 17
Time of Update: 2022-12-24
Shanghai aluminumOn the macro front, the Federal Reserve announced a 25 basis point interest rate hike in the early hours of this morning, but it was basically in line with market forecasts, commodity fluctuations were limited, and the bearish impact on the aluminum market was almost nothing, which relatively released the nervousness of the bulls, which helped the aluminum market to a certain extent.
