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November 29 aluminum market morning review
Time of Update: 2022-12-23
Aluminum CityIn the morning spot market, the overall transaction was lackluster, and the holders still showed a strong willingness to exchange cash, and the downstream price was reduced and purchased on demand.
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Aluminum market noon evaluation on December 14
Time of Update: 2022-12-23
Aluminum market afternoon commentary: China's infrastructure investment will be expected to boost consumption, overnight Lun aluminum closed up $47; Lun aluminum inventory fell to a new low, domestic destocking continued to boost the trend of aluminum prices, and production remained at a low level, and aluminum may rise today.
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After the holiday, aluminum prices bucked the trend and market trading activity rebounded slightly
Time of Update: 2022-12-23
Fundamentally, the supply side continues to increase power rationing and production and dual control of energy consumption, which continues to interfere with the release of electrolytic aluminum production capacity.
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Downstream consumption is flat Shanghai copper lacks sustained upward momentum
Time of Update: 2022-12-23
Shanghai copperAt the macro level, the Fed's interest rate decision in December announced that it would accelerate its tapering of bond purchases, and the dot plot shows that the number of rate hikes in 2022 may reach three.
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November 15 Shanghai copper brief commentary
Time of Update: 2022-12-23
Shanghai copperOn Friday evening, under the joint impact of increased economic stimulus measures at home and abroad, and the acceleration of green energy transformation by major economies again, international nonferrous prices rebounded as a whole, London copper futures closed at 9745.
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Rubber is expected to continue to rebound but the upward drive is insufficient
Time of Update: 2022-12-23
This week, with the recovery of the domestic macro atmosphere and the lower support of domestic raw material prices, rubber prices are expected to stop falling and rebound, and it is expected that prices are expected to continue to rebound, but due to the general performance of demand and the resumption of pressure on finished product inventories in tire factories, the upward driving force is insufficient.
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The pattern of supply and demand is weak, and Shanghai aluminum fluctuates in a narrow range
Time of Update: 2022-12-23
Shanghai aluminumIn terms of demand, in the spot market, the shipment efforts of holders are stable, and the overall downstream transaction performance is more active.
Shanghai aluminumIn terms of demand, in the spot market, the shipment efforts of holders are stable, and the overall downstream transaction performance is more active.
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Shanghai copper high opening oscillation downstream fear of heights or gradually increase
Time of Update: 2022-12-23
On Thursday, the main 2201 contract of Shanghai copper opened high and fluctuated, with the highest 72260 yuan / ton in the day, the lowest 71580 yuan / ton, and the closing price of 71970 yuan / ton, up 1.
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The main upward force of Shanghai aluminum is mainly short-term or wide fluctuation
Time of Update: 2022-12-23
Shanghai aluminumMarket focus: (1) As of November 29, according to Mysteel statistics, China's electrolytic aluminum social inventory was 993,000 tons, down 23,000 tons from last Thursday (November 25) and 597,000 tons in the same period last year.
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November 11 Shanghai copper brief commentary
Time of Update: 2022-12-23
Overnight, the US CPI data in October hit a new high in nearly 30 years, inflation pressure drove the market to advance expectations of interest rate hikes, the rise of the US index suppressed the decline in non-ferrous metal prices, Shanghai copper stabilized slightly during the day, and the momentum of the rebound near the close weakened to maintain a range-bound market.
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Shanghai rubber rebounded strongly, and the oscillation was mainly upward
Time of Update: 2022-12-23
Shanghai rubberOn the supply side, it is reported that the impact of La Nina on the production area is gradually obvious, the recent precipitation in Thailand continues to be more, Indonesia has entered the seasonal production decline stage, China's domestic rubber will gradually stop cutting, seriously affecting the production of rubber raw materials, the current output is much less than in previous years, raw material prices are firm.
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Brief review of Shanghai copper on August 31
Time of Update: 2022-12-23
Shanghai copperIn terms of fundamentals, the current TC price continues to rise, coupled with the rumors of domestic storage dumping, so the supply side has a more negative impact on copper prices, while on the demand side, copper varieties have not been accumulated immediately after entering the off-season, and the future market needs to continue to pay attention to the emergence of inventory inflection points.
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Shanghai copper high opening oscillation, short-term may peak and fall
Time of Update: 2022-12-23
Shanghai copperOn the macro front, domestic real estate risk appetite has recovered, real estate financing has improved, boosting the rebound of real estate-related commodities, market sentiment has improved, which is good for the macro level, and the operating rate of downstream processed materials has increased slightly month-on-month, which has boosted spot, and copper is expected to rise slightly today.
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The main force of Shanghai aluminum rose sharply, mainly short-term or high-level shocks
Time of Update: 2022-12-23
Shanghai aluminumMarket focus: (1) Goldman Sachs once again lowered its US economic growth forecast for this year and next, as fiscal support measures are expected to be reduced by the end of next year, and the recovery of consumer spending will be slower than previously expected.
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PVC futures prices fluctuate at a high level and market demand is insufficient
Time of Update: 2022-12-23
On Thursday, the PVC V2201 contract reduced its position, and the futures price fluctuated at a high level, closing at 10075 on the day, +300 yuan from the previous trading day; Volume 845774 lots, position volume 518012 lots, -6257, basis 275.
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PVC futures prices fluctuated lower, and the bears still had the advantage
Time of Update: 2022-12-23
On Tuesday, the PVC V2201 contract increased its position, and the futures price fluctuated lower, closing at 8673 on the day, -544 yuan from the previous trading day; Volume 1506304 lots, open position 331205 lots, +26611, basis 1127.
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August 2021 cable raw materials (copper) monthly report
Time of Update: 2022-12-23
3 percentage points lower than the previous month, and the expansion of the manufacturing industry weakened 。 Affected by the recent domestic epidemic flood and other factors, the manufacturing purchasing managers' index in August was 50.
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PVC futures rebound is relatively weak, the spot market is weak and difficult to change
Time of Update: 2022-12-23
PVCIn terms of spot, as of December 10, the spot price of East China calcium carbide type 5 was 8750 yuan / ton, and the price of ethylene method was 9450 yuan / ton.
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The main force of Shanghai copper rushed high and fell back down, and its upward action was still weak
Time of Update: 2022-12-23
Shanghai copperMarket focus: (1) The surge in international energy prices has prompted investors to seek safe-haven assets, coupled with market expectations that the Federal Reserve will announce a tapering of bond purchases next month, and the attractiveness of the US dollar has increased.
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Copper price trend volatility short-term prices may be at risk of breaking
Time of Update: 2022-12-23
Copper pricesFrom a fundamental point of view, the current shortage of input tickets has eased, imported copper continues to flow, and weekly domestic bonded zone inventories decreased by 17,300 tons, of which Shanghai bonded zone inventories fell by 15,200 tons month-on-month, and Guangdong bonded zone inventories decreased by 02,100 tons.
