-
The peak season has passed, and the off-season is coming, and Shanghai copper is facing downward pressure
Time of Update: 2022-12-26
Market bulls took profits, overnight Shanghai copper closed low, coupled with sluggish downstream consumption, intraday weakness continued, but the macro atmosphere was good, the dollar continued to weaken, coupled with low inventories continued to support, copper prices closed slightly red.
-
PVC futures are weakly sorted out, and market demand has not improved much
Time of Update: 2022-12-26
PVC is currently in the traditional demand season, but the order improvement is not strong, the market's expectations for the "golden nine silver ten" are gradually declining, and the upstream start in the later stage, the factor of weakening demand is expected to increase.
-
Aluminum prices fluctuate at a high level Fundamentals still have some support in the short term
Time of Update: 2022-12-26
8% year-on-year, and the cumulative domestic electrolytic aluminum production from January to October 2022 reached 33.
8% year-on-year, and the cumulative domestic electrolytic aluminum production from January to October 2022 reached 33.
8% year-on-year, and the cumulative domestic electrolytic aluminum production from January to October 2022 reached 33.
-
The US dollar index retreated from its high, and Shanghai copper fluctuated strongly
Time of Update: 2022-12-26
Recently, LME copper inventories have fallen, the pressure on the copper market has eased, and the domestic copper supply is still tight, demand is firm, and copper prices are marginally rising, and China's imported copper premium is high, the development trend of new energy is beautiful, copper consumption is rising, and the bottom of copper prices is supported.
-
Cost support weakened Rubber prices continued to be weak under weak demand
Time of Update: 2022-12-26
NR main closing price 9885 (-60) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1382.
NR main closing price 9885 (-60) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1382.
-
Long and short factors overlap, and the Shanghai copper market is weak and volatile
Time of Update: 2022-12-26
Shanghai copperIn terms of spot, on August 30, the trading price of Yangtze River spot 1# copper was 63330-63370 yuan / ton, down 590 yuan / ton; Premiums 550-590, down 60 yuan / ton.
-
Fundamentals remain weak Rubber raw material prices continue to decline
Time of Update: 2022-12-26
rubberIngredients: raw film 46 baht/kg (-0.
rubberIngredients: raw film 46 baht/kg (-0.
rubberIngredients: raw film 46 baht/kg (-0.
rubberIngredients: raw film 46 baht/kg (-0.
Ingredients: raw film 46 baht/kg (-0.
27, the domestic all-steel tire operating rate was 47.
-
Macro disturbance and weak fundamentals The upside of the Shanghai rubber disk is limited
Time of Update: 2022-12-26
Shanghai rubberRecently, the overall rainfall in the main producing areas of Southeast Asia has decreased slightly, but the rainfall in most areas is in a moderately high state, which has an impact on the rubber tapping work, but on the whole, the increase in global natural rubber supply this year is relatively clear.
-
Macro bearish sentiment is still heating up, and Shanghai copper continues to be weak and sorted out
Time of Update: 2022-12-26
In terms of spot, on August 31, the trading price of Yangtze River spot 1# copper was 62900-62940 yuan / ton, down 430 yuan / ton; Premiums 410-450, down 140 yuan / ton.
-
Inventories still have a cumulative risk Rubber prices are expected to be weak and difficult to change
Time of Update: 2022-12-26
Raw materials: The market is closed and there is no quotation.
Weak demand has led to the recent continuous decline in the price of mixed rubber and whole milk, while the RU non-standard spread is still in a medium-high position, and the short-term arbitrage pressure on the disk is still large.
-
Shanghai copper maintained a volatile trend and closed weakly during the day
Time of Update: 2022-12-26
Global epidemic and strikes and other factors affect copper mine production, at the same time, major central banks aggressively raise interest rates, global recession expectations continue to increase, metal demand has been greatly impacted, and China's continued adherence to epidemic prevention policies has caused market sentiment to fall, but global copper inventories are still at a historical low, domestic copper consumption marginal improvement coupled with low inventory support, copper prices withstand turbulence, copper or stable.
-
The dollar resumes its rally, and Shanghai aluminum is weak and volatile
Time of Update: 2022-12-26
Shanghai aluminumOn the macro front, China's September financial data was released, and the growth rate of M2, social finance and new loans exceeded expectations.
Shanghai aluminumOn the macro front, China's September financial data was released, and the growth rate of M2, social finance and new loans exceeded expectations.
-
PVC futures prices are weak and volatile, and upward pressure is greater
Time of Update: 2022-12-26
8 days, and the main PVC closed at 5854 yuan / ton (-1.
8 days, and the main PVC closed at 5854 yuan / ton (-1.
8 days, and the main PVC closed at 5854 yuan / ton (-1.
-
The center of gravity of Shanghai copper has shifted downward, and the market transaction atmosphere is average
Time of Update: 2022-12-26
During the Asian session, London copper fell at a high level, and the latest quotation at 15:01 Beijing time was 7243 US dollars / ton, down 48 US dollars, or 0.
-
Rubber futures prices fluctuate in a narrow range There is no substantial bright spot in market demand
Time of Update: 2022-12-26
NR main closing price 9770 (-115) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1370 US dollars / ton (-12.
Raw materials: The market is closed and there is no quotation.
-
PVC futures prices fluctuated and rebounded, and the market spot trading was not good
Time of Update: 2022-12-26
Due to the rise in calcium carbide prices in some areas and the slight increase in the start of downstream product enterprises, combined with the current low valuation of PVC, the price may be in a stage of gradual stabilization.
-
Weakening demand is expected to be strong PVC futures prices are running weakly
Time of Update: 2022-12-26
13, PVC futures prices are running weakly; upstream starts continue to increase; demand is expected to weaken strongly; the spread of the epidemic has affected the production and sales of calcium carbide and PVC; the spot market is not trading well, and the wait-and-see mood is strong.
-
Weak demand is difficult to change Aluminum prices or continue to bottom
Time of Update: 2022-12-26
Shanghai aluminumIn terms of the market, the overall transaction volume of the morning electrolytic aluminum spot market is still weak, and the downstream purchases are on-demand, but due to poor orders, the purchase volume is small.
-
Weak operation of rubber prices is likely to maintain a range-bound trend
Time of Update: 2022-12-26
On the supply side, the recent decrease in rainfall in Southeast Asia and Hainan has weakened the impact on rubber tapping, Yunnan has good phenological conditions and normal rubber tapping, and the main producing areas of the world are still in the peak period of seasonal rubber production, and the loose supply in the peak season is obvious.
-
Shanghai aluminum rushed back down and the market transaction was still weak
Time of Update: 2022-12-26
Shanghai aluminumToday's Lun aluminum is strongly volatile, LME three-month Beijing time at 15:01 at 2192 US dollars / ton, up 12 US dollars, or 0.
Today's Lun aluminum is strongly volatile, LME three-month Beijing time at 15:01 at 2192 US dollars / ton, up 12 US dollars, or 0.