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PVC futures prices soared and fell back to insufficient market demand
Time of Update: 2022-12-23
Longzhong data statistics show that as of September 10, the domestic PVC social inventory was 158,700 tons, an increase of 13.
Longzhong data statistics show that as of September 10, the domestic PVC social inventory was 158,700 tons, an increase of 13.
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Brief review of Shanghai copper on November 2
Time of Update: 2022-12-23
Recently, the market continued to pullback, the market trading activity at the beginning of the month increased, in the state of low absolute inventory, Shanghai copper and South China copper premium both rose.
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Downstream consumption is weak, and Shanghai copper fluctuates and falls
Time of Update: 2022-12-23
The spot market transaction is general, but the reported goods are small, so the premium continues, up 105 yuan / ton from the previous day.
The spot market transaction is general, but the reported goods are small, so the premium continues, up 105 yuan / ton from the previous day.
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Shanghai aluminum running at a high level needs to be vigilant against the risk of pullbacks
Time of Update: 2022-12-23
Today's Shanghai aluminum is running at a high level, the domestic aluminum ingot social library continues to destock, while the output remains at a low level, superimposed on the macro policy is warm, which is good for non-ferrous metals, and the trend of aluminum prices is strong.
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The main contract of Shanghai copper fluctuated at a low level, and the market wait-and-see mood was strong
Time of Update: 2022-12-23
On Monday, the main 2112 contract of Shanghai copper fluctuated at a low level, with the highest 70770 yuan / ton and the lowest 69720 yuan / ton within the day, and the closing price was 70140 yuan / ton, down 0.
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November 3 Shanghai aluminum afternoon commentary
Time of Update: 2022-12-23
Shanghai aluminumThis week's electrolytic aluminum social inventory increased by 21,000 tons to 1.
Shanghai aluminumThis week's electrolytic aluminum social inventory increased by 21,000 tons to 1.
Shanghai aluminumThis week's electrolytic aluminum social inventory increased by 21,000 tons to 1.
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September 13 aluminum market morning review
Time of Update: 2022-12-23
Aluminum CityIn the morning, spot market transactions fell with rising prices, with cargo holders actively shipping and downstream fearing higher existing purchases.
Aluminum CityIn the morning, spot market transactions fell with rising prices, with cargo holders actively shipping and downstream fearing higher existing purchases.
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Shanghai aluminum fluctuates at a high level, and the situation of short supply and demand will continue
Time of Update: 2022-12-23
Shanghai aluminumSevere coal shortages in India recently, severe drought in Brazil has led to the collapse of local hydroelectric power generation, global energy shortages continue to push up U.
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December 16 Shanghai copper brief commentary
Time of Update: 2022-12-23
At present, the impact of news such as the Fed's interest rate hike has landed, and Shanghai copper will further return to fundamental guidance after the price release is completed in the short term, and the market pays attention to the supporting effect of overseas inventories and supply pressure.
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November 18 Shanghai aluminum brief comment
Time of Update: 2022-12-23
Recently, the operating rate of downstream enterprises has rebounded, and demand has improved slightly, but the inventory destocking process is not smooth, the medium and long-term real estate market is still facing downward pressure, and aluminum consumption expectations are not optimistic.
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Shanghai rubber contracts opened low and went low, and the futures price was volatile and closed down
Time of Update: 2022-12-23
On Wednesday, the Shanghai rubber RU2201 contract opened low and went low, and the futures price closed lower.
On Wednesday, the Shanghai rubber RU2201 contract opened low and went low, and the futures price closed lower.
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After the Shanghai aluminum festival, there was a rebound and it was still dominated by high volatility
Time of Update: 2022-12-23
Shanghai aluminumDomestically, affected by the dual-control policy on energy consumption, the supply of aluminum market continued to contract, and the price of raw materials alumina and thermal coal rose, the production cost of electrolytic aluminum was raised, and the support below the aluminum price was strong.
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November 22 aluminum market morning review
Time of Update: 2022-12-23
Aluminum CityIn the morning, the spot market rebounded sharply, and the downstream actively entered the market to purchase replenishment, and the holders showed their willingness to raise prices.
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October 25 Shanghai aluminum brief comment
Time of Update: 2022-12-23
Shanghai aluminumFundamentally, the double-limit policy is still continuing to advance, and the preferential electricity price of the electrolytic aluminum industry has recently been canceled in Sichuan.
Shanghai aluminumFundamentally, the double-limit policy is still continuing to advance, and the preferential electricity price of the electrolytic aluminum industry has recently been canceled in Sichuan.
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December 24 aluminum market morning review
Time of Update: 2022-12-23
Aluminum CityThe trading activity of the spot market in the morning has increased, mainly middlemen and traders, and the downstream receiving goods are general.
Aluminum CityThe trading activity of the spot market in the morning has increased, mainly middlemen and traders, and the downstream receiving goods are general.
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PVC futures prices fluctuated higher, and many parties still have an advantage
Time of Update: 2022-12-23
Domestic PVC social inventories have rebounded for five consecutive weeks, indicating an increase in supply.
Domestic PVC social inventories have rebounded for five consecutive weeks, indicating an increase in supply.
Domestic PVC social inventories have rebounded for five consecutive weeks, indicating an increase in supply.
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Fundamentals are relatively stable Shanghai aluminum prices rebounded
Time of Update: 2022-12-23
Shanghai aluminumFundamentally, Zhejiang Shaoxing, Ningbo and Hangzhou have been greatly affected by the epidemic recently, and the procurement of aluminum plants is difficult, mainly based on inventory consumption, and there may be a risk of stopping production in the later stage.
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Poor macro sentiment PVC market continues to be weak in the short term
Time of Update: 2022-12-23
From a fundamental point of view, there is no major change at present, the dual-control policy continues, the possibility of calcium carbide supply quickly recovering to a high level is low, and there are more PVC companies currently overhauling and parking, inventory dematerialization, marginal supply pressure is not strong, after the price crash, downstream profits have picked up, and the start expectation has rebounded, but the price decline process, short-term wait-and-see sentiment increased, temporarily inhibiting downstream buying impulses.
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The correction in copper prices is relatively small, and it is expected to remain dominated by a volatile pattern
Time of Update: 2022-12-23
Copper pricesAt the macro level, the minutes of the current October Fed interest rate meeting can basically recognize that the Fed will announce the specific TAPER plan and path within this year, and the most important factors that previously promoted the strengthening of the dollar have been fulfilled, and the pattern of the continued strengthening of the US dollar may change.
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Short-term fundamentals tend to weaken or limit the upside of aluminum prices
Time of Update: 2022-12-23
On the supply side, due to the dual control of energy consumption and the impact of the Beijing Winter Olympics, the market has been expecting the electrolytic aluminum industry to limit production, but there is no sign of actual production reduction from the actual operating capacity, and it is expected to remain stable during the year.
