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Downstream demand is still flat, and Shanghai copper fluctuates and falls
Time of Update: 2022-12-19
Shanghai copperMarket focus: (1) The number of ADP employment in the United States increased by 428,000 in August, significantly lower than the market expectation of 950,000 and less than expected for two consecutive months.
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Market worries remain and copper prices are under pressure to fall
Time of Update: 2022-12-19
On Monday, the main force of Shanghai copper opened at 51390 yuan / ton in the morning, and after the opening, the copper price quickly fell to 51210 yuan / ton, and fell again after a slight rebound,
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Nonferrous overall opening pullback Shanghai copper low open low and go low
Time of Update: 2022-12-19
Shanghai copperIn the spot market, the willingness of holders to ship increased, traders mainly traded, downstream procurement improved, and the overall transaction was acceptable.
Shanghai copperIn the spot market, the willingness of holders to ship increased, traders mainly traded, downstream procurement improved, and the overall transaction was acceptable.
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The trend of Shanghai aluminum is volatile and the upside is limited
Time of Update: 2022-12-19
Shanghai aluminumIn the external market, Lun aluminum opened low today, and the LME three-month aluminum Beijing time was reported at 1690 US dollars / ton at 15:00 Beijing time, down 15.
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Downstream demand has recovered PVC volatility higher
Time of Update: 2022-12-19
News: South Korea's Hanwha Chemical plans to carry out an annual overhaul of PVC plants with a capacity of 305,000 tons and 130,000 tons in Yeosu and Ulsan for 10 days from May 25.
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The main force of Shanghai copper fell and shocked, facing technical pullback pressure
Time of Update: 2022-12-19
Shanghai copperMarket focus: (1) Statistics from Johns Hopkins University in the United States show that as of 8:45 Beijing time on July 14, the number of confirmed new crown cases in the world exceeded 13.
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July 8 Copper Market Brief Review
Time of Update: 2022-12-19
At the opening of the afternoon, Shanghai copper around 49770 yuan / ton position narrow range, at this time more force, pull up copper prices quickly climbed to the intraday high of 49970 yuan / ton, near the end of the day, bulls took profits, copper prices fell back, closed at 49800 yuan / ton, up 410 yuan / ton, up 0.
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Space above aluminum prices may be limited Follow-up attention to peak season consumption levels
Time of Update: 2022-12-19
Aluminum pricesToday's Lun aluminum fluctuated at a low level, and the LME three-month aluminum was reported at 1855.
Today's Lun aluminum fluctuated at a low level, and the LME three-month aluminum was reported at 1855.
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Price support weakened, and the rebound in aluminum prices was blocked and retreated
Time of Update: 2022-12-19
Last week, aluminum prices continued to fluctuate at a high level, with Nailun aluminum rising by about 4% during the week, and Shanghai aluminum mainly falling by 0. 89%; Affected by off-season facto
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PVC narrow finishing Downstream demand recovery is better
Time of Update: 2022-12-19
631 million tons, up 2% compared with the same period last year; From January to June 2020, the cumulative output of domestic PVC was 9.
631 million tons, up 2% compared with the same period last year; From January to June 2020, the cumulative output of domestic PVC was 9.
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The US dollar index continued to be weak, and the main force of Shanghai copper opened higher
Time of Update: 2022-12-19
Market focus: (1) As of about 6:30 Beijing time on August 17, the United States has confirmed a total of 5564159 new coronary pneumonia cases and 173072 deaths.
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September 17 aluminum market morning review
Time of Update: 2022-12-19
The middleman receives the goods normally, the downstream purchases on demand, and the mainstream transaction price in Shanghai is around 14680 yuan / ton, which is about 110 higher than the futures.
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PVC narrow finishing It is recommended to wait and see for the time being
Time of Update: 2022-12-19
The decline in PVC operating rate, the continued decline in social inventory month-on-month, and Formosa Plastics' increase in July quotations all supported the price of PVC.
The decline in PVC operating rate, the continued decline in social inventory month-on-month, and Formosa Plastics' increase in July quotations all supported the price of PVC.
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In the second half of the year, the overall price of PVC may move up
Time of Update: 2022-12-19
In the first half of the year, the PVC market trend fluctuated sharply, the first quarter continued to decline, and into the second quarter, the market began to rebound at a low level.
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Macro risks still exist Shanghai copper should not be overly bullish
Time of Update: 2022-12-19
Shanghai copperAt the macro level, the short-term market "seems" to recover from the pessimism of Trump's diagnosis of the new crown, and U.
Shanghai copperAt the macro level, the short-term market "seems" to recover from the pessimism of Trump's diagnosis of the new crown, and U.
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September 23 copper market morning review
Time of Update: 2022-12-19
On the macro front, a new round of stimulus plans in the United States may be postponed, the epidemic in European countries has ushered in a second outbreak since September, market risk aversion has heated up rapidly, and the dollar index has suppressed copper prices.
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LME copper hit a five-month high on Friday as supply concerns heated
Time of Update: 2022-12-19
Copper periodChile's state-run copper company, Codelco, the world's largest copper miner, said on Thursday it was suspending operations at its copper smelter and foundry in Chu quic amata to stop the spread of the coronavirus.
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July 13 copper market morning review
Time of Update: 2022-12-19
Copper CityAt the macro level, economic data from China and the United States was better than expected, and the news about the new crown drug in the United States overshadowed concerns about the epidemic over the weekend.
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The macro atmosphere is warm, and Shanghai aluminum is running strongly
Time of Update: 2022-12-19
Shanghai aluminumIn the external market, today's London aluminum narrow range, LME three-month aluminum Beijing time at 15:00 at 1699 US dollars / ton, down 0.
Shanghai aluminumIn the external market, today's London aluminum narrow range, LME three-month aluminum Beijing time at 15:00 at 1699 US dollars / ton, down 0.
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Overseas demand is in the recovery stage, and Shanghai copper is expected to continue to fluctuate at a high level
Time of Update: 2022-12-19
China's copper imports surged by more than 50% month-on-month in June, doubling year-on-year, due to the expansion of manufacturing activities, the obvious rebound of downstream consumption, and the shortage of scrap copper supply.