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Shanghai copper gaping opened high, and the intraday gains continued to narrow
Time of Update: 2023-02-02
Shanghai copperDuring the Asian session, London copper rushed to run high and fell sharply, and the latest quotation at 15:01 Beijing time was 8382 US dollars / ton, down 14 US dollars, or 0.
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Copper prices rose slightly inside and outside, but market demand remained weak
Time of Update: 2023-02-02
Copper pricesThe market continues to pay attention to the changes in interest rate hike expectations in the United States and the economic situation after the adjustment of domestic epidemic prevention and control policies.
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The tight supply of domestic spot market still has some support for aluminum prices
Time of Update: 2023-02-02
According to customs data, domestic net imports of primary aluminum in November were 108,300 tons, down 52.
From January to November, the total domestic net import of primary aluminum reached 345,000 tons, down 76.
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Weak fundamentals PVC futures price rebound is highly limited
Time of Update: 2023-02-02
5 days, the northern off-season coupled with downstream production enterprises is about to take a holiday, weak fundamentals will inhibit the height of PVC futures price rebound, weak demand expectations are difficult to support the price to continue to rise, short-term must observe the effective decline of inventory; long-term need to pay attention to the implementation of economic and real estate policy packages.
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Shanghai aluminum opens high and goes low, and the fundamentals do not have a strong driving force for the time being
Time of Update: 2023-02-02
Shanghai aluminumIn the external market, Lun aluminum was strongly volatile, and the LME reported at 2412 US dollars / ton at 15:01 Beijing time for three months, up 17 US dollars, or 0.
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Shanghai copper bottoms out and recovers, and the probability of a deep price fall is unlikely
Time of Update: 2023-02-02
Shanghai copperDuring the Asian session, London copper bottomed out, and the latest quotation at 15:01 Beijing time was 8302 US dollars / ton, up 22 US dollars, or 0.
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Shanghai copper opens low and goes low, and the center of gravity has shifted slightly down
Time of Update: 2023-02-02
9 percentage points year-on-year, and it is expected that the operating rate of wire and cable enterprises in January 2023 will decline again month-on-month; the actual demand for terminals is significantly weaker, the nonferrous market sentiment is cautious, and the weak reality is difficult to change in the short term, and the accumulation of internal and external inventories, the support margin of inventory to the price weakens, and copper or falls.
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Rubber prices run in range-bound operation
Time of Update: 2023-02-02
This week, Thailand, Vietnam rainfall decreased, rubber tapping season has expectations of increased raw material supply, glue prices have fallen, demand dragged, inventories continue to accumulate slightly, pay attention to the recovery of domestic economic activities in the later period or is expected to bring about a stable rebound of far month contracts.
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December 27 Lun aluminum noon review
Time of Update: 2023-02-02
Oil prices stock market continued to strengthen, market risk appetite warmed up, Shanghai aluminum opened high in the evening, closed strongly at the end of the day, the latest opening price of the main month 2302 contract was 18725 yuan / ton, up 160 yuan, or 0.
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Rubber is strong and oscillating is expected to increase the expectation of returning to work
Time of Update: 2023-02-02
The rainfall in the main producing countries of Thailand and Vietnam has decreased, the rubber tapping season is expected to increase the supply of raw materials, the price of glue continues to fall, the expectation of returning to work is strengthened, and the recovery of domestic economic activities in the later period is expected to bring about a stable rebound of far month contracts.
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Market confidence has improved, and rubber has fluctuated to the upside
Time of Update: 2023-02-02
Return to work and return to work Individual enterprises start work and deposit slightly improve space, inventory continues to accumulate, recent months delivery positions and warehouse receipt changes may affect the later market trend, domestic economic activities gradually pick up, market confidence has improved, rubber shock upward.
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Rubber raw material prices are mixed, and it is expected that the downside is limited
Time of Update: 2023-02-02
RU non-standard price difference of 1945 yuan / ton (+100), tobacco chip import profit 23 yuan / ton (+43).
RU non-standard price difference of 1945 yuan / ton (+100), tobacco chip import profit 23 yuan / ton (+43).
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The macro atmosphere is optimistic and the PVC shock is running strongly
Time of Update: 2023-02-02
21, the main force of PVC closed at 6335 yuan / ton (+0.
21, the main force of PVC closed at 6335 yuan / ton (+0.
21, the main force of PVC closed at 6335 yuan / ton (+0.
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Affected by the bearish fundamentals, the Shanghai aluminum shock is weak
Time of Update: 2023-02-02
S. home prices continued to fall, and housing investment forecasts were revised down in the fourth quarter.
S. home prices continued to fall, and housing investment forecasts were revised down in the fourth quarter.
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PVC volatility weak operation Fundamentals are not expected well
Time of Update: 2023-02-02
20, the main PVC closed at 6275 yuan / ton (+0.
20, the main PVC closed at 6275 yuan / ton (+0.
20, the main PVC closed at 6275 yuan / ton (+0.
20, the main PVC closed at 6275 yuan / ton (+0.
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January 3 copper market morning review
Time of Update: 2023-02-02
Copper CityAt the macro level, the US interest rate hike expectations have not changed significantly, the economic data is in line with expectations, and the US dollar index is running weakly; Domestically, economic data fell month-on-month in December, and as the impact of the epidemic weakened, the economy is building a bottom and is expected to improve.
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Spot premiums fell at high levels limiting copper price gains
Time of Update: 2023-02-02
Overall, the macro atmosphere is warm, boosting the rise of non-ferrous metals across the board, but the copper market has a state of weak supply and demand, and the spot premium has fallen at a high level, which has involved the rise in copper prices.
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At the end of the year, the atmosphere was dull and pervasive, and the center of gravity of Shanghai copper continued to shift
Time of Update: 2023-02-02
The minutes of the Fed meeting were hawkish, international oil prices fell by more than 5%, non-ferrous metals fell overnight, market risk appetite cooled, the center of gravity of Shanghai copper continued to shift, superimposed on the dull atmosphere at the end of the year, copper prices broke down.
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Shanghai copper high fell and downstream consumer demand shrank
Time of Update: 2023-02-02
Driven by optimism in the macro atmosphere, the metal is generally stronger, and the disturbance at the end of overseas mines is frequent, while at the same time, the pressure of domestic refined copper supply is limited, and extremely low inventories continue to provide support for the period price, but the spot premium is declining rapidly, the downstream consumer demand is shrinking, and the high level of Shanghai copper is falling, slightly red.
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Shanghai aluminum fell with the trend and continued to be treated with a bearish idea in the short term
Time of Update: 2023-02-02
Shanghai aluminumDomestic electrolytic aluminum social stocks reported 576,000 tons on Thursday, continuing to increase by 15,000 tons from Tuesday.
Domestic electrolytic aluminum social stocks reported 576,000 tons on Thursday, continuing to increase by 15,000 tons from Tuesday.
