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January 2021 cable raw materials (copper) monthly report
Time of Update: 2022-12-21
The market fluctuated at a high level, and waste production enterprises concentrated on cleaning up inventory at the end of the year, and the supply of market supplies increased, and it was difficult for the scrap copper market to get rid of the price pressure situation at the end of the year.
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Copper prices are under pressure and weakening, seeking support downward
Time of Update: 2022-12-21
Macro-level, the recent uncertainty has increased significantly, before the European Central Bank said that it may continue to cut interest rates, the dollar passively appreciated, and the LME copper price fell sharply by this, driving domestic copper prices down.
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Oversupply pressure still exists The center of gravity of aluminum prices may shift down again
Time of Update: 2022-12-21
In 2020, aluminum prices bottomed out and rebounded, showing a wide V-shaped reversal trend. At the same time, the center of gravity of the price throughout the year has risen significantly compared w
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PVC futures price volatility lower, bull pattern has not changed
Time of Update: 2022-12-21
Longzhong data shows that the operating rate of PVC production enterprises last week increased by 1.
Longzhong data shows that the operating rate of PVC production enterprises last week increased by 1.
Longzhong data shows that the operating rate of PVC production enterprises last week increased by 1.
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Shanghai rubber futures showed a strong upward pattern
Time of Update: 2022-12-21
Shanghai rubberOn the supply side, from a seasonal point of view, China, Vietnam and Thailand are currently in the shutdown stage, and global rubber production is in a seasonal trough, generally 3 to 4 is generally a low point of the year, and the supply pressure is small.
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The main force of Shanghai aluminum rose sharply to pay attention to the resistance of the previous high
Time of Update: 2022-12-21
Shanghai aluminumMarket focus: (1) According to data from the General Administration of Customs, the total import and export value of China's trade in goods in the first quarter was 8.
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April 9 copper market morning review
Time of Update: 2022-12-21
Copper market morning comment: Shanghai copper Cu2106 fluctuated higher in the last trading day, the highest to 67340, the lowest was 66420, closed at 66970, closed down 0. 1%, and the night volatilit
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Shanghai aluminum trend is strong, the basic face of price support still exists
Time of Update: 2022-12-21
Shanghai aluminumToday, Lun aluminum opened slightly lower and sharply higher, and the LME three-month aluminum Beijing time was reported at 2381.
Shanghai aluminumToday, Lun aluminum opened slightly lower and sharply higher, and the LME three-month aluminum Beijing time was reported at 2381.
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February 1 aluminum market morning review
Time of Update: 2022-12-21
Shanghai aluminum night trading bucked the trend, the market's optimistic expectations for post-holiday consumption triggered buying, the main 2103 contract as high as 15465 yuan / ton, closed at 15160 yuan / ton.
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April 8 London Copper afternoon review
Time of Update: 2022-12-21
London copperFutures market: the US dollar index stopped falling and rebounded, overnight London copper trend weak, the latest closing quotation of 8930 US dollars / ton, down 110 US dollars, down 1.
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January 19 Shanghai aluminum afternoon comment
Time of Update: 2022-12-21
Shanghai aluminumSome downstream began to have an early holiday this week, and the epidemic in various places may further suppress consumption.
Shanghai aluminumSome downstream began to have an early holiday this week, and the epidemic in various places may further suppress consumption.
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Non-ferrous metals fell across the board, and the trend of Shanghai copper fell slightly
Time of Update: 2022-12-21
Shanghai copperUnder the continuous pressure of high copper prices, wire and cable companies are facing great pressure on their working capital, in addition to the reduction of downstream orders, the collection of shipped orders is also slow, the proportion of accounts receivable has increased significantly compared with previous years, some cable companies are miserable, there is a finished product inventory to sell scrap copper, copper for cash industry chaos.
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Terminal demand has not materially improved PVC price range adjustment
Time of Update: 2022-12-21
PVC spot market quotations were weak and sorted out during the day, and futures were volatile and fell; The upstream domestic calcium carbide price continued to maintain an upward trend, and the enthusiasm for raw material procurement was high; Traders mainly ship at point prices, and the transaction is average.
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Shanghai aluminum shock operation downstream demand recovery
Time of Update: 2022-12-21
Today's London aluminum opened high, LME three-month aluminum Beijing time at 15:00 at 2168.
Fundamentally, the current domestic consumption of aluminum ingot inventory accumulation rate slowed down, in the short term, the accumulation decline in line with previous expectations, the current market generally believes that the high point of inventory is around 1.
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February 5 London Copper Afternoon Review
Time of Update: 2022-12-21
London copperThe dollar index rose to a two-month high, and copper fluctuated weaker overnight, with the latest closing quotation of $7815 / ton, down $33, or 0.
The dollar index rose to a two-month high, and copper fluctuated weaker overnight, with the latest closing quotation of $7815 / ton, down $33, or 0.
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Shanghai aluminum afternoon review on April 2
Time of Update: 2022-12-21
Shanghai aluminumIn terms of fundamentals, the average profit of the current electrolytic aluminum enterprises has reached more than 3,000 yuan / ton, and the future supply side is expected to remain strong under high profits, but the recent closure of the import window or the impact on the later import volume, which can also be seen that the current aluminum price is in a pattern of external strength and internal weakness.
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Shanghai copper is weak and volatile, and downstream consumption is general
Time of Update: 2022-12-21
Shanghai copperDuring the Asian session, London copper trend is stronger, the latest quotation at 15:01 Beijing time is 10296 US dollars / ton, up 62.
Shanghai copperDuring the Asian session, London copper trend is stronger, the latest quotation at 15:01 Beijing time is 10296 US dollars / ton, up 62.
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April 9 Shanghai aluminum noon comment
Time of Update: 2022-12-21
Shanghai aluminumThis week, the total social inventory of aluminum ingots and aluminum rods fell by about 35,000 tons, and the spot remained at a discount of about 30 yuan.
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Rubber under pressure falls short-term test below the support level
Time of Update: 2022-12-21
At present, southern Thailand is suffering from rainy weather, supply is tight, but the country is about to usher in the Spring Festival holiday, demand is gradually shrinking, transaction is weak, the short-term market will further test the support level of 14,000 yuan / ton below.
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Polyethylene is mainly based on the early growth rate of digestion, and some high levels may be soft
Time of Update: 2022-12-21
In terms of petrochemicals, the low-pressure part of CNPC rose by 150 yuan / ton in North China, and the low-pressure part of Sinopec rose by 100-300 yuan / ton; The low-pressure part of Sinopec in South China rose by 100-150 yuan / ton; The rest are stable for the time being.