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February 21 Shanghai copper brief commentary
Time of Update: 2022-12-24
Shanghai copperOn the macro front, despite investors' eagerness to mention the Fed's March rate hike in the minutes, and the fact that investors have made many more hawkish distributions of interest rate hikes throughout the year, the Fed's attitude remains very dovish, which has forced relatively aggressive investors in the market to return home.
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Shanghai copper volatility climbed short-term price highs
Time of Update: 2022-12-24
Domestically, with the consumption season approaching, coupled with the upcoming two sessions in China, the market is expected to be one of the driving forces of favorable policies, and short-term copper prices are expected to continue to rise.
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Short-term supply and demand are weak, and rubber prices have insufficient upward momentum
Time of Update: 2022-12-24
As of March 17, the domestic all-steel tire operating rate was 52.
As of March 17, the domestic all-steel tire operating rate was 52.
As of March 17, the domestic all-steel tire operating rate was 52.
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Metals were mixed, and Shanghai aluminum closed slightly higher
Time of Update: 2022-12-24
Shanghai aluminumOn the macro front, the domestic economy is facing greater downward pressure, the country tends to adopt loose monetary policy to support the economy, domestic market sentiment is expected to be preferred, and the net position of LME funds is at a historically high level.
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January 5 Shanghai copper brief commentary
Time of Update: 2022-12-24
Shanghai copperThe US manufacturing PMI data was weak, the market was more worried about the industrial blow of the mutated new crown, and the US index rose to suppress non-ferrous metal prices.
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PVC rose sharply after the holiday and short-term strong shock operation
Time of Update: 2022-12-24
PVCOverseas, driven by the Chinese market, Asia rose by 20-50 US dollars / ton, export Southeast Asian profits shrank to 75 yuan / ton, India in the middle of the year or cancel anti-dumping duties, but at present China's supply has no advantage, European and American individual equipment maintenance or force majeure, the market remains stable, Formosa Plastics March quotation is expected to increase by 50-100 US dollars / ton compared with February.
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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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January 13 Copper Market Afternoon Review
Time of Update: 2022-12-24
Shanghai copper trading rose and positions fell slightly, market sentiment is biased towards neutrality, and may open lower with the external market today.
Shanghai copper trading rose and positions fell slightly, market sentiment is biased towards neutrality, and may open lower with the external market today.
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Scrap prices are firm or steadily rising
Time of Update: 2022-12-24
Scrap aluminumIn terms of the market, the price fell sharply at the beginning of the week, the bearers had a strong wait-and-see atmosphere, many were reluctant to lose shipments, the transaction was weak, and as the price gradually rebounded, the shipping sentiment of the holders improved, especially on Friday; Aluminum plants mostly maintain stable procurement.
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PVC prices rushed back down, but the decline was not large
Time of Update: 2022-12-24
PVCIn terms of the market, the atmosphere of the PVC market is calm, the factory price of enterprises is not adjusted much, the holding cost of traders is higher, the futures fall adjustment, the spot transaction is not good, and some transaction prices are slightly loosened.
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PVC fundamentals improve prices still have upside
Time of Update: 2022-12-24
Recently, PVC fundamentals have improved, the inflection point of social inventory has initially appeared, and prices have shown an oscillating upward trend.
Recently, PVC fundamentals have improved, the inflection point of social inventory has initially appeared, and prices have shown an oscillating upward trend.
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PVC futures opened high and went high, and the center of gravity actively rose
Time of Update: 2022-12-24
PVCBoosted by the sharp rise in futures, the mentality of market participants improved, the atmosphere of the domestic PVC spot market improved, the trading activity increased, and the spot price rose significantly.
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Market trading is cold and the pattern of volatility is still maintained before the Shanghai Copper Festival
Time of Update: 2022-12-24
Shanghai copperOvernight, London copper opened at 9956 US dollars / ton, the center of gravity shifted downward, and the US market tested a low of 9865 US dollars / ton before stopping the decline and rebounding, and finally closed at 9905.
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March 14 London Afternoon Review
Time of Update: 2022-12-24
London copperThe dollar rebounded higher, rising again to the 99 mark, bearish non-ferrous metals, the next week London copper volatility weakened, the latest closing quotation of 10101 US dollars / ton, closed down 29 US dollars, down 0.
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Rubber prices continue to be weak and need to wait for the inflection point of the epidemic
Time of Update: 2022-12-24
rubberFrom a fundamental point of view, the domestic production area has entered the cutting season, the phenology is better this year, and the output of Yunnan is expected to increase year-on-year; Hainan cutting is slightly delayed, which supports domestic latex.
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March 14 aluminum market morning review
Time of Update: 2022-12-24
Aluminum CityThe spot market as a whole improved in the morning, downstream purchases increased, middlemen and traders bought up rather than down, price rebounds stimulated buying, and holders also showed reluctance to sell.
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February 15 aluminum market morning review
Time of Update: 2022-12-24
The mainstream trading price in Shanghai is around 22,580 yuan / ton, which is about 60 lower than that of futures.
The mainstream trading price in Shanghai is around 22,580 yuan / ton, which is about 60 lower than that of futures.
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February 28 aluminum market morning review
Time of Update: 2022-12-24
Aluminum CityThe spot market is still active in the morning, but the overall transaction has not increased significantly, and the downstream wait-and-see sentiment is stronger.
Aluminum CityThe spot market is still active in the morning, but the overall transaction has not increased significantly, and the downstream wait-and-see sentiment is stronger.
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Shanghai aluminum afternoon review on January 7
Time of Update: 2022-12-24
Shanghai aluminumIn terms of fundamentals, SMM stocks on the 6th reported 776,000 tons, down 23,000 tons from last Thursday; during the same period, the steel union statistics aluminum rod inventory was 130,500 tons, an increase of 34,000 tons from last Thursday; November unwrought aluminum and aluminum exports were 509,300 tons, an increase of 29,700 tons, imports were 397,900 tons, an increase of about 101,000 tons, of which primary aluminum imports were about 230,000 tons, an increase of about 90,000 tons.
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January 11 Lun aluminum afternoon review
Time of Update: 2022-12-24
Lun aluminumThe European energy crisis drove the price of metals up, overnight London aluminum volatility higher, the latest closing quotation of 2933 US dollars / ton, closed up 10.
