-
Shanghai copper continues to rebound The market trading activity is light
Time of Update: 2022-12-26
Shanghai copperDuring the Asian session, London copper first fell and then rose, the rise narrowed, the latest quotation at 15:01 Beijing time was 7678 US dollars / ton, up 18 US dollars, or 0.
-
September 20 copper market noon review
Time of Update: 2022-12-26
Shanghai copper opened low and high overnight to close Xiaoyang, closing at 62270.
Shanghai copper opened low and high overnight to close Xiaoyang, closing at 62270.
Shanghai copper opened low and high overnight to close Xiaoyang, closing at 62270.
-
Shanghai aluminum afternoon review on September 23
Time of Update: 2022-12-26
The Fed's interest rate hike statement was slightly stronger than market expectations, and the market showed a short-term effect and ushered in a rebound; Domestic aluminum production is large-scale reduction, supply is declining, inventories continue to degrade, and price support is strong, but due to the opening of the import window, Lun Aluminum is weakly affected by interest rate hikes and economic recession, suppressing the performance of Shanghai Aluminum, and it is expected that short-term aluminum price volatility is strong.
-
September 29 Lun aluminum noon review
Time of Update: 2022-12-26
Lun aluminumOil prices soared to boost commodities, dollar and Treasury bond yields fell, oil prices were boosted, rose 5% for two consecutive days, returned to above the 80 mark, and market demand rebounded, overnight Lun aluminum straight up, the end of the close higher, the latest closing quotation of 2135 US dollars / ton, closed up 33 US dollars, or 1.
-
October 17 copper market noon review
Time of Update: 2022-12-26
At present, overseas macro is still bearish, domestic meetings may have policy good news, copper prices are expected to fluctuate widely, with geopolitical conflicts or energy crisis fermentation or a slight shift in the center of gravity, but global recession fears are still intensifying, and the medium and long-term pessimistic atmosphere continues.
-
October 20 aluminum market noon comment
Time of Update: 2022-12-26
Aluminum CityCrude oil rose sharply overnight, and Lun aluminum fluctuated slightly higher, opening slightly lower at $2197 today.
Crude oil rose sharply overnight, and Lun aluminum fluctuated slightly higher, opening slightly lower at $2197 today.
-
November 4 aluminum market noon comment
Time of Update: 2022-12-26
47% overnight; The high domestic cost side triggered the loss of aluminum enterprises to reduce production, and the destocking of inventory supported the price, and aluminum was expected to rise.
-
October 31 Lun aluminum afternoon review
Time of Update: 2022-12-26
Lun Aluminum afternoon commentary: Strong interest rate hike expectations weighed on metal prices, and Lun Aluminum closed down 1.
Lun Aluminum afternoon commentary: Strong interest rate hike expectations weighed on metal prices, and Lun Aluminum closed down 1.
Strong interest rate hike expectations weighed on metal prices, as U.
-
Shanghai aluminum afternoon comment on October 31
Time of Update: 2022-12-26
The spread of the epidemic, coupled with the collective release of currency resolutions by overseas central banks this week, aluminum prices may show a bottom-out first, and then stabilize and rebound, and downstream procurement enthusiasm will improve after spot prices fall, providing support for aluminum prices, but there is not much positive factor in the short term, LME sanctions against Russia are still pending, and the upper space is relatively limited.
-
PVC futures prices are volatile
Time of Update: 2022-12-26
It is rumored that low-priced imported materials have entered the domestic market; The supply and demand of raw calcium carbide are weak; The weakness of real estate is difficult to change; The enthusiasm for purchasing in the spot market is not high.
-
November 1 London Copper Afternoon Review
Time of Update: 2022-12-26
London copperStock market crude oil both fell, the Fed will raise interest rates sharply again, the market is generally expected to raise interest rates by 75 basis points by then, superimposed on the impact of the spread of the epidemic, demand continues to weaken, overnight London copper continued to be weak, closing in the black line, the latest closing quotation of 7444 US dollars / ton, closed down 114 US dollars, down 1.
-
Shanghai aluminum afternoon comment on November 2
Time of Update: 2022-12-26
Shanghai aluminumOn the news, China's manufacturing PMI in October was 49.
Shanghai aluminumOn the news, China's manufacturing PMI in October was 49.
Shanghai aluminumOn the news, China's manufacturing PMI in October was 49.
On the news, China's manufacturing PMI in October was 49.
-
September 1 aluminum market noon comment
Time of Update: 2022-12-26
With the orderly recovery of industrial electricity consumption in Sichuan, aluminum plants began to resume production, and the continuous resumption of electrolytic aluminum production in Sichuan-Chongqing area is a high probability event.
-
September 20 London Copper noon review
Time of Update: 2022-12-26
London copperThe record low housing value in the United States in August dampened market confidence, because housing construction is the main consumer sector of copper metal, which greatly suppressed metal demand, overnight London copper low volatility, the latest closing quotation of 7772 US dollars / ton, closed down 38 US dollars, down 0.
-
October 26 aluminum market morning review
Time of Update: 2022-12-26
Aluminum CityIn the morning spot market, the transaction was not good all day, and the downstream on-demand procurement was the mainstay, and the holders lacked the confidence to hold up prices.
-
Shanghai aluminum afternoon review on September 1
Time of Update: 2022-12-26
On Friday, the Fed and the European Central Bank were determined to raise interest rates to control inflation, denying that the recession will slow down or even cut interest rates, which affected metals; Basically, the spot transaction is acceptable, and there are continuous news of production cuts, and the recovery of supply is blocked, but the short-term market macro sentiment pressure is greater, and the price shock is expected to be weak.
-
Interest rate hike boots landed PVC futures prices run strongly
Time of Update: 2022-12-26
Peripheral interest rate hikes are in line with market expectations; PVC industry started to pick up; PVC maintenance losses continued to decline; calcium carbide prices remained stable; Spot quotes follow the futures session.
-
October 27 copper market morning review
Time of Update: 2022-12-26
In terms of spot, the average price of today's #1 copper market is 63950 yuan / ton, which is 190 yuan / ton higher than the contract of the month.
-
September 22 copper market morning review
Time of Update: 2022-12-26
Spot TC has remained strong recently, the mine end has been disrupted this year, Chilean copper mine production has decreased significantly year-on-year, and Peruvian production returned to the downward trend in July.
-
October 18 aluminum market morning review
Time of Update: 2022-12-26
Aluminum CityIn the morning, the spot market transaction did not improve, the downstream is still used and purchased, the holders are actively shipping for cash, and the trading between traders is also poor.
