-
Weak fundamentals cannot support the strengthening of aluminum prices in the short term
Time of Update: 2022-12-25
Today's Shanghai aluminum main month 2208 contract, opening 18045 yuan / ton, the highest intraday 18195 yuan / ton, the lowest 17805 yuan / ton, settlement 17890 yuan / ton, the end closed at 17945 yuan / ton, up 55 yuan, or 0.
-
Shanghai copper picks up slightly during the day, the market waits for the traditional peak season "gold nine silver ten"
Time of Update: 2022-12-25
Shanghai copperIn terms of spot, the average price of spot 1# copper in the Yangtze River on August 16 was 62520-62560 yuan / ton, up 160 yuan / ton; Premiums 430-470, down 10 yuan / ton.
-
June 9 aluminum market morning review
Time of Update: 2022-12-25
Trading between traders in the morning spot market is still suppressed, downstream on-demand procurement is the mainstay, the overall transaction is not ideal, and the transaction in the South China market is obviously weaker than that in East China.
-
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.
-
PVC prices continue to fall Most of the market maintains a wait-and-see attitude
Time of Update: 2022-12-25
PVCInternational crude oil futures fell sharply in overnight trading, coupled with the fact that the commodity market continued to perform weakly in the context of the Fed's interest rate hike at the macro level, and the energy and chemical sectors fell sharply during the session.
-
July 6 Lun aluminum afternoon review
Time of Update: 2022-12-25
Lun aluminumThe collapse of oil prices dragged down the spread of market panic, the bull market pattern was further loosened, oil prices fell more than $14 in a single day, the lethality far exceeded March, such a decline performance stunned the market, once again hit the commodity market, overnight Lun aluminum was shocked sharply down, the latest closing quotation of 2369 US dollars / ton, closed down 94 US dollars, down 3.
-
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.
-
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.
-
PVC rebound strength is slightly insufficient bottom shock idea treated
Time of Update: 2022-12-25
26 days PVC main close 6555 yuan / ton (+1.
26 days PVC main close 6555 yuan / ton (+1.
26 days PVC main close 6555 yuan / ton (+1.
26 days PVC main close 6555 yuan / ton (+1.
-
Market confidence rebounds Shanghai copper temporarily stopped falling and rebounded
Time of Update: 2022-12-25
In terms of stocks, London copper stocks rebounded slightly last week, accumulating an increase of 6,175 tonnes to 133025 tonnes, an increase of 4.
In terms of stocks, London copper stocks rebounded slightly last week, accumulating an increase of 6,175 tonnes to 133025 tonnes, an increase of 4.
-
The pessimistic atmosphere has eased and Shanghai copper rebounded from a low level
Time of Update: 2022-12-25
In terms of the market, Shanghai Metal Network 1# electrolytic copper quotation 59200-60000 yuan / ton, the average price of 59600 yuan / ton, up 1000 yuan / ton from the previous trading day, the 2207 contract up 60-90 yuan / ton.
-
August 23 aluminum market afternoon comment
Time of Update: 2022-12-25
Aluminum CityCrude oil rose on Friday, and Lun aluminum bottomed out to close in the negative, opening slightly higher at $2395 today.
Aluminum CityCrude oil rose on Friday, and Lun aluminum bottomed out to close in the negative, opening slightly higher at $2395 today.
-
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.
-
PVC prices have risen The market trend is difficult to say
Time of Update: 2022-12-25
PVCIn terms of demand, up to now, as the price of raw material PVC continues to fall, the operating rate of PVC downstream sample enterprises has improved slightly, but it is still at a low level, basically remaining at about 50%, in addition, it is still in the demand off-season, the demand side is weak, and the downstream product enterprises receive goods is not high, basically maintaining the amount of 2-5 days.
-
Fundamentals: Strong supply and weak demand Whether Shanghai aluminum can continue to rebound remains to be seen
Time of Update: 2022-12-25
Shanghai aluminumOn the macro front, this week the market entered the interest rate hike week, the market generally predicted that the Fed will raise interest rates by 75 basis points, with a low probability of raising interest rates by 100 basis points, and the reduction in demand caused by interest rate hikes is still the main consideration affecting the price of industrial products.
-
Shanghai copper performed strongly and continued its volatile upward trend
Time of Update: 2022-12-25
During the Asian session, London copper bottomed out, and the latest quotation at 15:01 Beijing time was 7909 US dollars / ton, up 19 US dollars, or 0.
-
Strong support below the price Short-term Shanghai aluminum weak finishing
Time of Update: 2022-12-25
Shanghai aluminumToday's Lun aluminum trend fluctuated up and down, the volatility intensified, LME three-month Beijing time at 15:01 at 2886 US dollars / ton, up 4 US dollars, or 0.
-
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.
-
Aluminum prices fluctuate widely, maintaining a weak pattern in the short term
Time of Update: 2022-12-25
Aluminum pricesOn the supply side, there is still room for electrolytic aluminum profits, production is recovering rapidly, and the operating rate of enterprises has risen steadily.
Aluminum pricesOn the supply side, there is still room for electrolytic aluminum profits, production is recovering rapidly, and the operating rate of enterprises has risen steadily.
-
May 16 copper market noon review
Time of Update: 2022-12-25
9%; Overseas copper mines continue to stop operations, the domestic central bank will increase the implementation of prudent monetary policy, market risk sentiment has increased, and copper is expected to rise today.
