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August 5 copper market noon review
Time of Update: 2022-12-19
Copper CityEuropean PMI data exceeded expectations, although the pace of economic recovery in the US slowed in July amid the ongoing impact of the pandemic.
Copper CityEuropean PMI data exceeded expectations, although the pace of economic recovery in the US slowed in July amid the ongoing impact of the pandemic.
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July 27 aluminum market noon comment
Time of Update: 2022-12-19
The spot trading price of the Shanghai aluminum 2008 contract on Friday afternoon ranged from 40-80 yuan / ton, and the spot premium was weak.
The spot trading price of the Shanghai aluminum 2008 contract on Friday afternoon ranged from 40-80 yuan / ton, and the spot premium was weak.
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Macro sentiment favors caution Copper prices form upside resistance
Time of Update: 2022-12-19
Entering the European session, after London copper fell to the lowest point of the day of 6017 US dollars / ton, the long position of London copper rose by about 25 US dollars, hindered by the 6042 US dollars / ton line.
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August 3 copper market morning review
Time of Update: 2022-12-19
On Friday evening, overseas stock markets and commodities diverged, most of the non-ferrous metals in the outer disk closed lower, London copper futures closed at 6376 US dollars / ton, down 1. 23%, d
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July 17 copper market morning review
Time of Update: 2022-12-19
Yesterday's copper prices showed a high downward trend, the market investment sentiment cooled significantly, China's second quarter economic recovery exceeded expectations, industrial production recovered faster, the evening Shanghai copper shock higher, the latest closing price of the main month 2008 contract 51510 yuan / ton, up 230 yuan, or 0.
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Futures fluctuate lower PVC market may be steadily lower
Time of Update: 2022-12-19
Today, the mainstream market price of the PVC market is lower, the factory price of upstream production enterprises has been lowered, the range is 10-100 yuan / ton, the downstream procurement willingness is weak, the futures are volatile and sorted, the trading performance is not good, and the short-term PVC market is expected to be weakly adjusted.
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July 24 Copper Market Morning Review
Time of Update: 2022-12-19
jobless claims beat expectations, European consumer confidence fell, and macro concerns rose, but a falling dollar supported it.
jobless claims beat expectations, European consumer confidence fell, and macro concerns rose, but a falling dollar supported it.
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September 16 copper market noon review
Time of Update: 2022-12-19
Copper market noon comment: LME copper inventories stopped falling and rebounded, overnight London copper rushed back down to close down $22, the impact of the epidemic on global copper output has slowed down, domestic smelting capacity has gradually recovered, and copper materials fell today.
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Continuous plastic volatility rises, and there is still support in the face of basic prices
Time of Update: 2022-12-19
On Monday, the Liansu L2009 contract fluctuated higher, closing at 7180 yuan / ton, +230 yuan from the previous trading day; Volume 366319 lots, +98630, position 371680 lots, +31742 lots, basis 70 yuan, +120 yuan; 9-1 spread 100 yuan, +5 yuan.
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Shanghai copper running low to continue the sideways volatility
Time of Update: 2022-12-19
Today's domestic spot copper prices fell, Yangtze River non-ferrous metal network 1# copper price was reported at 51360 yuan / ton, down 710 yuan, premium 50-liter 110; Guangdong spot 1# copper price was 51310 yuan / ton, down 700 yuan; Yangtze River spot 1# copper price 51400 yuan / ton, down 730 yuan, premium 110-liter 130; Shanghai spot 1# copper price was 51310 yuan / ton, down 760 yuan.
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July 13 Copper Market Brief Review
Time of Update: 2022-12-19
Shanghai copper is still performing strongly today, mainly due to the continued macroeconomic easing coupled with favorable fundamentals, China's social financing scale in June far exceeded the previous value and forecast, and remained at a high level overall, and the continued monetary easing provided positive factors for the expected improvement of the capital market; The China Association of Automobile Manufacturers released automobile production and sales data for June, up 22.
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Shanghai copper inventories rebounded at a low level, and the downstream fear of heights was stronger
Time of Update: 2022-12-19
Copper prices have risen for two consecutive days has exceeded 1,000, copper prices are high, the outflow of goods continues to increase, the downstream returns to the state of waiting and seeing, the intraday market transaction is still mostly long-order traders, but under the strong market, its target psychological price may be lower, sellers are more considering high rapid cash.
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Brief review of the aluminum market on August 11
Time of Update: 2022-12-19
Aluminum CityIn terms of spot, LME aluminum spot discount was $35.
Aluminum CityIn terms of spot, LME aluminum spot discount was $35.
Aluminum CityIn terms of spot, LME aluminum spot discount was $35.
In terms of spot, LME aluminum spot discount was $35.
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The short-term price of natural rubber may rise slightly
Time of Update: 2022-12-19
On the last trading day before the "November" holiday, the rise in risk aversion dragged rubber prices down sharply, the poor phenological conditions in the production area in the middle of the festival, the output of raw materials was tight, the price of glue rose to support costs, and there were many announcements on downstream tire prices, which jointly supported the price of external futures rose sharply, of which the main contract of Tokyo Rubber RSS3 rose 2.
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Shanghai copper afternoon review on August 11
Time of Update: 2022-12-19
In the morning, Shanghai copper opened high and fluctuated, the sentiment of holders to support prices further pushed up the premium, flat water copper for the month reported a premium of 80-90 yuan / ton, good copper 110-120 yuan / ton, the market premium price space is small, and the low-price supply is less, the transaction is more difficult.
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July 22 aluminum market morning review
Time of Update: 2022-12-19
Aluminum CityThe pattern of tight supply in the spot market in the morning has eased, holders are actively shipping, middlemen are not motivated, downstream on-demand procurement, Shanghai's mainstream transaction price is around 14400 yuan / ton, about 190 higher than futures.
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The main upward movement of Shanghai aluminum encountered resistance to the upper space of aluminum prices
Time of Update: 2022-12-19
On September 30, the main 2011 contract of Shanghai aluminum was hindered on Wednesday, with the highest intraday 14,320 yuan / ton, the lowest 14,105 yuan / ton, and the closing 14,145 yuan / ton, down 0.
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A brief review of the aluminum market on July 8
Time of Update: 2022-12-19
Intraday aluminum prices rebounded, almost making up for yesterday's decline throughout the day, bullish sentiment in many parties is stronger, and the period aluminum is strong and the volatility market continues.
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July 17 aluminum market morning review
Time of Update: 2022-12-19
Aluminum CityEarly traders in the morning spot market actively inquired and turned to wait-and-see as prices fell rapidly, and downstream combinations were also more cautious.
Aluminum CityEarly traders in the morning spot market actively inquired and turned to wait-and-see as prices fell rapidly, and downstream combinations were also more cautious.
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Market consumption is weak Copper prices are temporarily caught in a volatile pattern
Time of Update: 2022-12-19
Recently, copper prices have shown a pattern of high volatility, the last day's refinery shipments are relatively small, some traders have financial pressure before the holiday to ship for cash, the market transaction has room for price reduction but is small, and the downstream receiving is also based on rigid demand, and the willingness to actively replenish stocks before the holiday is not very obvious.