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The non-ferrous metals market as a whole is red, and the center of gravity of Shanghai copper remains stable
Time of Update: 2022-12-18
On Monday, the main contract of Shanghai copper 2004 jumped high at 44680 yuan / ton in the morning, and continued to rise at the open, hovering above the daily moving average as a whole, until the no
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April 2020 cable raw materials (copper) monthly report
Time of Update: 2022-12-18
First, the macro aspectDomestically,1. According to data from the National Bureau of Statistics, China's official manufacturing PMI in April was 50. 8, expected 51, and the previous value was 52; Non
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Liansu opens high and goes high, and holds more orders cautiously
Time of Update: 2022-12-18
News: The overall operating rate of agricultural film enterprises in April was -16.
In March 2020, the operating rate of domestic pipe downstream factories increased by 26% compared with February 2020.
In March 2020, the operating rate of domestic pipe downstream factories increased by 26% compared with February 2020.
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The financial market is floating green and the center of gravity of Shanghai copper continues to shift
Time of Update: 2022-12-18
Shanghai copperIn terms of external trading, the Asian market morning London copper gap opened low at 5396 US dollars / ton, as a large number of cheap supplies from Saudi Arabia and the United Arab Emirates began to pour into the market on the previous day, cloth oil closed down, weighing on copper prices, and the morning short-term bottomed at 5319.
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Fundamental support weakens The upward pressure on aluminum prices will gradually increase
Time of Update: 2022-12-18
Aluminum pricesIn the external market, today's Lun aluminum weak shock, LME three-month aluminum Beijing time at 15:00 at 1477 US dollars / ton, down 2.
In the external market, today's Lun aluminum weak shock, LME three-month aluminum Beijing time at 15:00 at 1477 US dollars / ton, down 2.
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Copper prices rebounded and recovered some of their losses
Time of Update: 2022-12-18
The historic low of oil prices stimulated the market risk aversion to heat up, after the domestic open, London copper fell sharply below the $5,000 / ton mark, the lowest reached $4,973.
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Macro sentiment has improved, and the aluminum market is bullish
Time of Update: 2022-12-18
On the whole, the recent sharp improvement in fundamentals, especially the unexpected destocking, has released bullish sentiment in the market, and the expansion of supply cuts has also improved the oversupply and demand situation, but due to the continuous decline in alumina prices and the collapse of costs, smelter production profits have been repaired and have returned to near breakeven.
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Shanghai copper continued to fluctuate strongly in the short term
Time of Update: 2022-12-18
Shanghai copperIn terms of spot, affected by high inventories and traders eager to sell, flat water copper discount was at 200 yuan, and buying began to recover.
In terms of spot, affected by high inventories and traders eager to sell, flat water copper discount was at 200 yuan, and buying began to recover.
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May 14 aluminum market morning review
Time of Update: 2022-12-18
In the morning, the overall transaction of the spot market was relatively flat, the middlemen were cautious, the downstream receiving volume increased slightly, and the mainstream trading price in Shanghai was 12720 yuan / ton, which was basically flat compared with futures.
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The road to finding the bottom of Shanghai rubber is not complete, and the rubber market may fall into an unfavorable situation
Time of Update: 2022-12-18
With the arrival of the rainy season in Southeast Asia, the supply pressure of tianjiao has increased, and the late rubber market may fall into the unfavorable situation of "double killing" of supply and demand.
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March 3 Shanghai copper afternoon review
Time of Update: 2022-12-18
Shanghai copperDomestically, the overall performance of epidemic control has been relatively good, the resumption of work of domestic enterprises has increased significantly, and the central bank has vigorously carried out infrastructure investment, which has boosted market confidence.
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During the market sentiment improves, the copper market has rebounded
Time of Update: 2022-12-18
Copper periodThis week, the main trading range of spot copper in Shanghai Nonferrous Metals Trading Center (SME) was 41710-42450 yuan / ton, and the premium range was b40-b190 yuan / ton.
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The main force of Shanghai aluminum oscillated and rose, and the upper space was limited
Time of Update: 2022-12-18
Domestic electrolytic aluminum plants have reduced production due to losses in the early stage, coupled with the recovery of downstream processing plant production, and Shanghai aluminum inventories have continued to deteriorate recently; At present, due to the market's expectation that the country will lower the tax increase in May, resulting in a decrease in shipment willingness, tight supply has boosted aluminum prices.
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Brief review of the aluminum market on March 14
Time of Update: 2022-12-18
It is expected that next week Shanghai aluminum will still be mainly affected by overseas macro factors, before the overseas epidemic is not controlled, the price is still under pressure, maintain a low level of volatility, running at 12700~13100 yuan / ton.
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Some of the positives have weakened, and the copper market lacks new impetus
Time of Update: 2022-12-18
In April 2020, the total production of copper cathode by 22 sample enterprises was 694,000 tons, basically stable year-on-year, an increase of 4.
In April 2020, the total production of copper cathode by 22 sample enterprises was 694,000 tons, basically stable year-on-year, an increase of 4.
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Market confidence gradually repaired and aluminum shocks rose slightly
Time of Update: 2022-12-18
After the opening, Lun aluminum maintained a narrow range of oscillation, touching $1551 / ton at a low level, and the center of gravity gradually increased before the afternoon.
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Market risk aversion strengthens rubber continues its downward trend
Time of Update: 2022-12-18
The Tokyo rubber market at the end of last week continued to decline driven by the external market, and after the price of the far month contract fell below 170 yen, it came to around 168 yen in late trading, and the overall trend was weak.
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Global monetary easing restarts Aluminum prices rebounded slightly
Time of Update: 2022-12-18
At the end of last week, China's targeted RRR cut, the Fed unexpectedly adjusted interest rates to 0 at one time, and with a sharp QE, global monetary easing resumed, aluminum prices rebounded slightl
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Shanghai copper trend is strong, the late rise has expanded
Time of Update: 2022-12-18
In terms of the market, today's domestic spot copper prices rose, Yangtze River non-ferrous metal network 1# copper price was reported at 43010 yuan / ton, up 160 yuan, 120-180 liters; Guangdong spot 1# copper price was reported at 43100 yuan / ton, up 160 yuan; Yangtze River spot 1# copper price 43070 yuan / ton, up 140 yuan, premium 190-liter 210; Shanghai spot 1# copper price was 43,015 yuan / ton, up 190 yuan.
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May 14 copper market noon review
Time of Update: 2022-12-18
The global economy is a foregone conclusion in 2020, with the US fiscal deficit rising to a record high in April, the CPI hitting the largest month-on-month decline since 2008, and the deflationary pressure on domestic PPI further increasing, and the global economic outlook gloomy.
