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Market uncertainty remains LME copper continues to fall
Time of Update: 2022-12-25
On Wednesday, copper futures on the London Metal Exchange (LME) fell for the third day in a row as the United States provoked worrying geopolitical tensions in the Asia-Pacific region; In addition, Fed officials have hinted at the possibility of more rate hikes, worrying about global economic activity and a hit in metal demand.
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September 7 Lun aluminum afternoon review
Time of Update: 2022-12-25
Lun aluminumThe strong dollar continued to update a two-decade high, mainly benefiting from the intensification of the European energy crisis, weighing on the euro, overnight London aluminum volatility lower, the latest closing quotation of 2288 US dollars / ton, closed down 17 US dollars, down 0.
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Market demand is weak PVC futures market fell rapidly
Time of Update: 2022-12-25
PVCOn the macro front, wide credit and stable growth this year are the main tone of the domestic economy, and GDP growth is set at the level of 5.
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June 17 aluminum market morning review
Time of Update: 2022-12-25
Aluminum CityThe overall transaction volume of the spot market in the morning did not change much, and the South China market recovered and the transaction improved.
Aluminum CityThe overall transaction volume of the spot market in the morning did not change much, and the South China market recovered and the transaction improved.
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Macro sentiment turned good Copper prices are expected to continue to rebound
Time of Update: 2022-12-25
Overall, copper prices have met our previous bottoming conditions, macro sentiment has improved, market supply and demand have improved, and copper prices are expected to continue to rebound.
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August 9 London Copper Afternoon Review
Time of Update: 2022-12-25
London copperMarket risk sentiment performance is high, the weakening of the dollar is good for metals, helping to support copper prices higher, overnight London copper shock sorting, the end of the day closed positive, the latest closing quotation of 7947 US dollars / ton, closed up 57 US dollars, or 0.
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The rubber pressure fell back and continued the range oscillation
Time of Update: 2022-12-25
rubberOn the supply side, the weather in Hainan improved this week, the output of glue in the production area increased, and the purchase price of glue fell.
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The market wait-and-see sentiment is strong, and PVC prices fluctuated and fell throughout the day
Time of Update: 2022-12-25
29, East China (calcium carbide method) quotation: 6630 yuan / ton (-20); South China (calcium carbide method) quotation: 6705 yuan / ton (-30); Ningbo Hanwha's 400,000-ton PVC plant started construction at about 80%, and the current pre-orders are mainly issued, and the market is closed within the day.
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July 27 aluminum market morning review
Time of Update: 2022-12-25
Aluminum CityIn the morning, the spot market trading did not improve, the downstream normal procurement in the early stage was the mainstay, and the market activity in the later period declined, and the transaction turned weak.
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April 27 copper market morning review
Time of Update: 2022-12-25
Copper CityFundamentally, Zambian President Hakainde Hichilema said on Monday that the Zambian government is close to seeking private investors for the Mopani copper mine to boost production at one of the country's largest mines.
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August 1 London Copper Afternoon Review
Time of Update: 2022-12-25
London copperThe slowdown in the US interest rate hike boosted risk appetite, the macro environment warmed overall, copper prices were supported, and the next week London copper volatility climbed, the latest closing quotation of 7925 US dollars / ton, closed up 186 US dollars, or 2.
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July 8 aluminum market noon comment
Time of Update: 2022-12-25
Aluminum CityCrude oil rose sharply overnight, and Lun aluminum opened high and rose nearly 2% to close in Zhongyang, opening slightly higher at $2458 today.
Crude oil rose sharply overnight, and Lun aluminum opened high and rose nearly 2% to close in Zhongyang, opening slightly higher at $2458 today.
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August 3 copper market noon review
Time of Update: 2022-12-25
Copper CityFed: If inflation continues to go higher, then we will have to raise interest rates for a longer period of time.
Copper CityFed: If inflation continues to go higher, then we will have to raise interest rates for a longer period of time.
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July 7 Shanghai aluminum noon comment
Time of Update: 2022-12-25
Shanghai aluminumOn the macro side, large-scale new production capacity has become a hot spot for the alumina industry in 2022.
Shanghai aluminumOn the macro side, large-scale new production capacity has become a hot spot for the alumina industry in 2022.
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June 23 Shanghai aluminum afternoon comment
Time of Update: 2022-12-25
Shanghai aluminumThe landing of overseas interest rate hikes has eased the market's overly tense expectations in a timely manner, and the downstream operating rate has steadily increased as the epidemic is gradually controlled in China.
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May 30 aluminum market afternoon review
Time of Update: 2022-12-25
09%; The news of the lifting of the domestic epidemic has boosted market risk sentiment, and social inventories have continued to deteriorate, and aluminum may rise slightly today.
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June 27 London Copper Afternoon Review
Time of Update: 2022-12-25
London copperFed interest rate hike expectations weakened, as the market reduced the valuation of interest rates, and fully digested the expectation of a 50 basis point rate hike in August and advanced the timing of the rate cut in response to a possible recession, the next week London copper shock rebounded, the latest closing quotation of 8322 US dollars / ton, slightly closed down 15 US dollars, or 0.
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August 8 aluminum market afternoon review
Time of Update: 2022-12-25
Aluminum CityCrude oil rose slightly on Friday, and Lun aluminum rushed back to close Xiaoyang, opening slightly higher at $2423 today.
Crude oil rose slightly on Friday, and Lun aluminum rushed back to close Xiaoyang, opening slightly higher at $2423 today.
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July 1 Lun aluminum noon review
Time of Update: 2022-12-25
Lun aluminumThe dollar is strong bearish, due to the Federal Reserve's aggressive interest rate hike, coupled with the gloomy economic outlook to promote market risk aversion, the dollar rose about 6% this year, the largest quarterly increase since 2016, making nonferrous commodities under pressure, overnight Lun aluminum shock downward, the latest closing quotation of 2444 US dollars / ton, closed down 29 US dollars, down 1.
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June 15 aluminum market afternoon comment
Time of Update: 2022-12-25
Aluminum market afternoon comment: interest rate hike expectations strengthen industrial metal pressure, overnight Lun aluminum closed down 3%; Macro pressure and supply increment suppressed the rebound of aluminum prices, consumer sentiment remained weak, overall demand was still poor, and aluminum may continue to fall.