-
April 14 copper market noon review
Time of Update: 2022-12-18
Today's Shanghai electrolytic copper spot contract reported a premium of 80 yuan / ton ~ 100 yuan / ton, flat water copper trading price of 41900 yuan / ton ~ 42030 yuan / ton, and premium copper trading price of 41910 yuan / ton ~ 42040 yuan / ton.
-
April 24 aluminum market morning review
Time of Update: 2022-12-18
On Thursday, under the concern of consumption decline, the overnight aluminum price rose first and then declined, and the highest value of the three-month aluminum price on the London Stock Exchange w
-
Copper prices continue to fall, and it is not advisable to be overly pessimistic in the later period
Time of Update: 2022-12-18
Copper pricesIn terms of the market, the domestic spot market is afraid of decline, the transaction is weak, the inflection point of superimposed inventory has not yet arrived, and the fundamentals are light.
-
Aluminum is still under pressure and the sustainability of destocking is still doubtful
Time of Update: 2022-12-18
During the Asian session, Lun aluminum opened stronger, touching a high of $1537 / ton before noon, and has not yet touched the 5-day moving average.
During the Asian session, Lun aluminum opened stronger, touching a high of $1537 / ton before noon, and has not yet touched the 5-day moving average.
-
March 16 Shanghai copper afternoon review
Time of Update: 2022-12-18
Copper prices weakened from their highs to below the daily average on Friday night, mainly because the market risk aversion was still high when the global epidemic was developing, and bulls actively closed their positions after copper prices rushed higher in the afternoon due to the news of the domestic central bank's RRR cut.
-
Shanghai aluminum oscillation softened, the upside is limited
Time of Update: 2022-12-18
However, the expectation of aluminum prices should not be overly optimistic, profit repair suppresses the willingness to reduce production, aluminum ingots have a potential import impact under the high value of Shanghai, the negative impact of external demand may gradually appear in the late second quarter, the long-term fundamentals of aluminum have not changed, and the upside of aluminum prices is limited.
-
Copper futures closed slightly higher overnight The market trading atmosphere is cautious
Time of Update: 2022-12-18
On Monday, the main Shanghai copper contract opened as low as 42,020 yuan / ton, and the opening fell slightly and briefly due to the increase in short positions, and then the bulls successively increased their positions to push up copper prices, climbing all the way to the highest point of the day at 42,630 yuan / ton.
-
Copper prices short-term or pullback optimistic about medium and long-term performance
Time of Update: 2022-12-18
Although the current copper price performance is still relatively strong, but the fundamentals have weakened, there is short-term adjustment pressure, because the tight supply speculation has cooled, first of all, refined copper import profit window opened, a large number of imported copper poured into the domestic market.
-
The main force of Shanghai aluminum is under pressure to the downside, and the transaction between the two sides of the market is general
Time of Update: 2022-12-18
A large account did not announce the procurement plan within the day, lack of this part of participation, the market aluminum ingot spot supply is loose, the holder shipment is very active, in contrast, the buyer's power is not enough, the market is more than less, the transaction between the two sides is average.
-
February 17 aluminum market noon review
Time of Update: 2022-12-18
91% the following week; After the holiday, the demand for aluminum market was weak, inventories continued to accumulate, aluminum prices continued to come under pressure, and spot aluminum is expected to fall today.
-
Market sentiment picks up, copper prices first rise and then fall
Time of Update: 2022-12-18
In terms of the epidemic, as the new diagnosis continues to decline, Jiangxi, Ningbo, and other regions have introduced simplified the review of enterprise resumption of work to accelerate the normal
-
Continuous plastic narrow finishing The market transaction atmosphere has weakened
Time of Update: 2022-12-18
On Tuesday, the Liansu L2009 contract was sorted out in a narrow range, closing at 6145 yuan / ton, -55 yuan from the previous trading day; Volume 452116 lots, -199068; position 346682 lots, -20199 lots, basis 160 yuan, +60 yuan; 5-9 spread: 95 yuan, +20 yuan.
-
The market returns to the demand side Copper prices will show a volatile adjustment trend
Time of Update: 2022-12-18
Last week, Shanghai copper fell first and then rebounded slightly, and the main contract returned above 41,000. The seasonal recovery of consumption, coupled with the substitution effect of refined co
-
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.
-
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.
-
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.
-
The long and short sides are still in a stalemate, and the continuous plastic contract is strongly sorted out
Time of Update: 2022-12-18
The raw material inventory of agricultural film enterprises increased by 7425 tons from last week, +18.
The raw material inventory of agricultural film enterprises increased by 7425 tons from last week, +18.
The raw material inventory of agricultural film enterprises increased by 7425 tons from last week, +18.
-
Short-term trends are still repeated
Time of Update: 2022-12-18
Continuous plasticNews: Shenhua coal chemical linear intraday bidding volume of 750 tons; An increase of 172 tons from the previous day, a volume of 100 tons, up 22 tons from the previous day, a high-pressure auction volume of 338 tons, a transaction of 0 tons, the same as the previous trading day, a low-pressure auction volume of 450 tons, a transaction of 30 tons, a decrease of 126 tons from the previous trading day.
-
Shanghai copper gap high open maintained a high level of finishing during the day
Time of Update: 2022-12-18
The peak of the epidemic panic may have passed, overseas mine disruption continues to expand, inventories are in a state of decomposition, suggesting that downstream demand is recovering, and the risk to the sharp downside of copper prices is expected to weaken.
-
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.