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November 10 Shanghai aluminum brief comment
Time of Update: 2022-12-23
Shanghai aluminumFundamentally, the pressure on the overseas supply side has eased compared with before, and the scale of production reduction may be further expanded in the fourth quarter under the influence of the environmental protection pressure and the dual control policy of energy consumption of the Winter Olympics.
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Market trading began to pick up, and copper scrap market volatility intensified
Time of Update: 2022-12-23
This month, Shanghai copper as a whole first fell and then rose, fell all the way in the middle and early months, began to rebound and rebounded in the second half of the month, and the shock was weak
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The main force of Shanghai copper rose slightly, and the overall trading atmosphere of the market was light
Time of Update: 2022-12-23
Shanghai copperMarket focus: (1) The number of non-farm payrolls in the United States increased by 531,000 in October, exceeding expectations by 450,000 and the largest increase since July this year.
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Spot supply and demand are weak The support is still strong under the low inventory of the copper market
Time of Update: 2022-12-23
At present, the domestic RRR cut and the rebound of economic data have repaired macro sentiment, spot supply and demand are weak, and the support is still strong under extremely low inventory, but the price rebounds slightly and the premium falls sharply, and it is estimated that with the deepening of the off-season, the support will move down.
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Shanghai copper weak bottoming operation pay attention to the support around 68,000
Time of Update: 2022-12-23
During the day, Shanghai copper bottoming out was mainly stable, approaching the eleventh long holiday spot trading willingness decreased, technically Shanghai copper affected by the US index breakthrough possibility decreased, transformed into a range shock weak bottoming pattern.
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October 21 aluminum market noon comment
Time of Update: 2022-12-23
19% overnight; Overseas supply chains are tightening, the impact of domestic power shortage continues, supply and demand will remain weak in the fourth quarter, Shanghai aluminum shock operation within the day, and aluminum or pullback today.
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The overall center of gravity of Shanghai rubber has not changed much, and it is still dominated by low-level oscillations
Time of Update: 2022-12-23
Shanghai rubberOn the supply side, Thailand was in the production increase period in August, but due to the phased rainy weather, the purchase price of raw material glue increased slightly.
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PVC futures price opened low and rebounded, there is pressure and support below
Time of Update: 2022-12-23
Longzhong data statistics show that as of November 28, the domestic PVC social inventory was 154,700 tons, an increase of 8.
Longzhong data statistics show that as of November 28, the domestic PVC social inventory was 154,700 tons, an increase of 8.
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October 19 aluminum market morning review
Time of Update: 2022-12-23
Aluminum CityIn the morning, the spot market was still cold, with holders selling vigorously, and downstream receipts were scarce.
Aluminum CityIn the morning, the spot market was still cold, with holders selling vigorously, and downstream receipts were scarce.
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Financial markets have had ups and downs Non-ferrous metals have been firm
Time of Update: 2022-12-23
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.
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Shanghai aluminum fluctuates at a high level, and prices still have a basis for rushing higher
Time of Update: 2022-12-23
Shanghai aluminumOn the supply side, the interference of production restriction policy is still there, from late August to early September, Xinjiang, Guangxi and Yunnan have successively introduced policies to reduce electrolytic aluminum production, Guangxi further increased in mid-September, Guizhou encouraged electrolytic aluminum enterprises to stagger peak production in mid-to-late September, and Qinghai, Ningxia and Guizhou limited production in October.
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Shanghai aluminum fell at a high level and need to be vigilant against the risk of further correction
Time of Update: 2022-12-23
This week, Lun aluminum showed a trend of rushing back down, rising above 2700 intraday, and as of Friday, the cumulative decline was about 0.
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December 20 copper market morning review
Time of Update: 2022-12-23
Fundamentally, domestic and foreign mine disruptions continued, and the Las Bambas copper mine agreement was difficult to reach, and it was announced that production would be suspended until this Saturday.
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Rubber closed slightly higher short-term or extended range fluctuations
Time of Update: 2022-12-23
Last week, the operating rate of domestic tire factories fell slightly month-on-month, because the order situation was not optimistic, the pressure of finished product inventory increased, the high inventory of distributors, the foreign trade orders of tire factories in December are expected to shrink, and the replacement of domestic terminals is gradually coming to an end, coupled with the obvious increase in factory raw material inventory, tire factories may slow down the procurement process of tianjiao.
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December 2 London Copper Afternoon Review
Time of Update: 2022-12-23
London copperThe dollar rebounded, as the first case of omicron was found in the United States, shocking the market, overnight London copper fluctuated downward, the latest closing quotation of 9373 US dollars / ton, closed down 78 US dollars, down 0.
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Downstream consumer demand can still provide support for aluminum prices
Time of Update: 2022-12-23
Today's Shanghai aluminum is running at a high level, the supply side continues to be affected by power restrictions and production restrictions and dual control of energy consumption in Guangxi, Xinjiang and other places, and it will take time for electrolyzers to recover, superimposed on the third batch of reserves is not as expected, and downstream consumer demand is acceptable, providing support for aluminum prices.
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Brief review of Shanghai aluminum on September 1
Time of Update: 2022-12-23
Most of today's nonferrous market weakened, aluminum prices continued to fall, as of the close of 3 p. m. , the Shanghai aluminum main 2110 contract closed down at 21075, down 250, or 1. 17%. Shanghai
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September 17 copper market noon review
Time of Update: 2022-12-23
S. retail sales data sharply exceeded expectations, the dollar soared, the euro yuan tumbled, and non-ferrous metals fell under pressure.
S. retail sales data sharply exceeded expectations, the dollar soared, the euro yuan tumbled, and non-ferrous metals fell under pressure.
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Aluminum market afternoon review on December 15
Time of Update: 2022-12-23
Coal rose yesterday, Lun aluminum rushed back down and closed at $2622, Shanghai aluminum opened slightly lower in the night session, and closed in a narrow range to close the doji, closing at 19160.
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Shanghai aluminum afternoon comment on September 22
Time of Update: 2022-12-23
Shanghai aluminumSince March this year, electrolytic aluminum production capacity has continued to be limited, and primary aluminum production fell for four consecutive months in August, hitting the lowest level in more than a year.
