-
Shanghai aluminum trend is strong There is still some support in the fundamentals
Time of Update: 2022-12-22
Today's Shanghai aluminum trend is strong, the US fiscal bill boosts market risk sentiment, social inventories continue to steadily destock, supply-side disruption continues, and there is still some support in fundamentals.
-
PVC prices re-strengthened, and the future market is likely to show a decline and then rise
Time of Update: 2022-12-22
It is expected that the deduction path of PVC prices in the future market is: with the easing of power restrictions and the transfer of positions in the plate, the price goes down the valuation repair logic (requiring calcium carbide to be coordinated), the price decline releases rigid demand, and the price strengthens again in the seasonal demand season.
-
The possibility of Shanghai copper rebound increases and is expected to be range-bound next week
Time of Update: 2022-12-22
Shanghai copperOn the macro front, the Politburo meeting proposed to do a good job in cross-cycle adjustment of macro policies, maintain the continuity, stability and sustainability of macro policies, actively pursue fiscal policies and reasonable and sufficient liquidity, and do a good job in ensuring the supply and price stability of bulk commodities.
-
The center of gravity of Shanghai aluminum prices has shifted upward, and the fundamental and macro aspects are strongly supported
Time of Update: 2022-12-22
As of Friday's afternoon close, the main 2108 contract of Shanghai aluminum closed up at 19470, with a cumulative weekly increase of 3. 15%; During the week, Shanghai aluminum continued to break the u
-
PVC market continues to rally The trading atmosphere is tepid
Time of Update: 2022-12-22
PVCIn terms of spot, the current mainstream quotation range of domestic PVC5 calcium carbide is around 9150-9400 yuan / ton.
In terms of spot, the current mainstream quotation range of domestic PVC5 calcium carbide is around 9150-9400 yuan / ton.
-
Shanghai copper futures prices continue to rise, and it is expected to maintain a volatile pattern
Time of Update: 2022-12-22
On Friday, Shanghai copper ran weakly, and the market continued to warm up during the day, and the price continued to rise in the late afternoon, closing slightly up 0. 39%. The dumping of reserves ca
-
It is difficult to expand production capacity, and the rise in aluminum prices has strong support
Time of Update: 2022-12-22
Shanghai aluminumIn terms of fundamentals, arrivals continued to recover, SMM inventory on the 12th reported 739,000 tons, an increase of 0.
Shanghai aluminumIn terms of fundamentals, arrivals continued to recover, SMM inventory on the 12th reported 739,000 tons, an increase of 0.
-
Market fundamentals are still strong and support the bottom of aluminum prices
Time of Update: 2022-12-22
Subsequently, the impact of power cuts in many places on the aluminum supply side is more far-reaching, and the local aluminum processing materials enterprises in Henan on the consumer side have limited power and reduced production for three weeks, but the power cuts and production cuts of aluminum plants in Yunnan, Guangxi and other places may last for a long time, mainly because the problem of coal shortage cannot be solved in the short term.
-
Shanghai copper weak shock downstream consumption into a wait-and-see state
Time of Update: 2022-12-22
Shanghai copperDuring the Asian session, London copper fluctuated running, and the latest quotation at 15:01 Beijing time was 9590 US dollars / ton, up 30 US dollars, or 0.
-
The news of the national dumping of reserves landed and the aluminum market turned good
Time of Update: 2022-12-22
From a fundamental point of view, the "ceiling" limit of electrolytic aluminum production capacity and the pressure of the dual carbon policy have highlighted the pressure on the supply side of aluminum; The dumping of storage has led to a tightening of downstream demand, but the demand for new energy has grown rapidly, and short-term disturbances in demand have existed and long-term improvement.
-
Market consumption is still not optimistic, and rubber prices fluctuate at a low level
Time of Update: 2022-12-22
In terms of raw material supply, upstream raw materials have been running at the bottom position, and there is not much room for continued downward movement.
No. 20 rubber warehouse order was 40,924 tons, a week-on-week decrease of 13,000 tons.
-
Shanghai rubber increased its position and contracted its futures price closed lower
Time of Update: 2022-12-22
On Monday, the Shanghai rubber RU2109 contract increased its position and contracted, and the futures price closed lower.
On Monday, the Shanghai rubber RU2109 contract increased its position and contracted, and the futures price closed lower.
-
The main shock of Shanghai copper rose slightly, and the market trading performance was average
Time of Update: 2022-12-22
On Tuesday, the main 2107 contract of Shanghai copper rose slightly, with the highest 72960 yuan / ton and the lowest 71710 yuan / ton during the day, and the closing price of 72230 yuan / ton, up 0.
-
August 4 aluminum market morning review
Time of Update: 2022-12-22
The mainstream trading price in Shanghai is around 19,760 yuan / ton, which is about 60 percent lower than that of futures.
The mainstream trading price in Shanghai is around 19,760 yuan / ton, which is about 60 percent lower than that of futures.
-
Market sentiment weakened and scrap prices plummeted
Time of Update: 2022-12-22
Last week's scrap aluminum prices fell sharply, South China as a whole fell 400-600 yuan more than last week, the current local aluminum wire around 16600-16800, 63 old materials around 15100-15300, A
-
The main shock of Shanghai copper fell slightly, and it is expected that the short-term shock adjustment
Time of Update: 2022-12-22
On Wednesday, the main 2107 contract of Shanghai copper fell slightly, with the highest 74750 yuan / ton and the lowest 73520 yuan / ton within the day, and the closing price of 73690 yuan / ton, down 0.
-
August 31 Copper Market Morning Review
Time of Update: 2022-12-22
Copper CityOn the macro front, Powell's speech was dovish, and the dollar index retreated; Domestic economic data released weaker than expected, policy intervention is expected to strengthen marginally; The epidemic eased and market sentiment improved.
-
PVC prices have fallen and downstream demand is limited
Time of Update: 2022-12-22
Combined with the above views, in the short term, due to the continuation of the pressure on the supply side, the blessing of the demand off-season, the decline in international oil prices, the decline in PVC prices, and it is expected that the follow-up will still be dominated by short operation.
-
PVC futures prices fluctuated higher, indicating that many parties still have an advantage in the short term
Time of Update: 2022-12-22
In view of the strong long-term demand in the Indian market and the decrease in Formosa Plastics maintenance exports in September, Taiwan's pre-sale quotation for PVC in September is expected to be postponed to next week, and Longzhong expects that the new quotation in September will increase by 50-100 US dollars / ton compared with August.
-
The overall center of gravity of PVC prices has shifted upward, and the market is trading tepidly
Time of Update: 2022-12-22
89 percentage points from the previous month; of which the calcium carbide PVC operating load was 72.
89 percentage points from the previous month; of which the calcium carbide PVC operating load was 72.
