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Shanghai copper trend is strong, and the growth rate continues to rise
Time of Update: 2022-12-25
Coupled with the pattern of low inventory and high premium, copper prices have been supported to a certain extent, and the performance of the new energy sector is strong, and the center of gravity of Shanghai copper has shifted significantly upward.
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Reduced domestic warehouse receipt inventories supported Shanghai copper prices in the short term
Time of Update: 2022-12-25
Overall supply and demand continued to improve month-on-month in July, but remained slightly lower than the same period last year, and the intensity of consumption recovery after the easing of the epidemic was weak.
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Shanghai aluminum short-term shock operation continue to pay attention to downstream consumption
Time of Update: 2022-12-25
With the improvement of the epidemic and the support of policies for transportation, domestic social inventories maintained dematerialization during the week, Wuxi and Gongyi continued to destock, and overseas inventories fell below 500,000 tons, at a historical low.
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It is difficult to have a substantial repair in the short term, and aluminum prices will remain weak
Time of Update: 2022-12-25
In terms of downstream demand, it is still in a weak state, and affected by high temperature and poor demand, the overall operating rate is low.
In terms of downstream demand, it is still in a weak state, and affected by high temperature and poor demand, the overall operating rate is low.
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The trend of copper prices fell and the decline continued to expand during the day
Time of Update: 2022-12-25
Shanghai copper opened low today, and the intraday decline continued to expand, closing down 4. 05%. The dollar index continues to strengthen, and the market fears of accelerating interest rate hikes
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Brief review of Shanghai aluminum on August 11
Time of Update: 2022-12-25
The US inflation data eased, and under the expectation of interest rate hikes and force reductions, the long and short game and aluminum prices fell into a volatile pattern.
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Market sentiment eased Shanghai aluminum prices fluctuated higher
Time of Update: 2022-12-25
At present, the market sentiment eased, the non-ferrous metal atmosphere improved and the whole line turned red, Shanghai aluminum opened high overnight, intraday shock operation, closed up 2.
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A brief review of Shanghai copper on July 1
Time of Update: 2022-12-25
Shanghai copperThe US core PCE index continued to be high, strengthening the Fed's determination to raise interest rates.
Shanghai copperThe US core PCE index continued to be high, strengthening the Fed's determination to raise interest rates.
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Shanghai aluminum volatility is weak, the market bearish atmosphere is strong
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.
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Metals mostly fell in early trading, and Shanghai copper gapped, opening low
Time of Update: 2022-12-25
Shanghai copperOn the macro front, the US CPI and PPI both fell in July, and the market believes that the Fed will continue to raise interest rates sharply in the future, but the year-on-year growth rate of core CPI is unchanged from the previous month, indicating that high inflation is still sticky, and the Fed needs to continue to raise interest rates if it is determined to reduce core inflation.
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Aluminum prices will continue to face strong upward pressure in the short term
Time of Update: 2022-12-25
Aluminum pricesOn the macro front, overseas, the recent market expectations for 22-year global economic growth have further declined, tightening monetary policy has also made the US dollar continue to strengthen, and non-ferrous metals are under strong pressure.
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PVC prices operate in a narrow range It is recommended to wait and see
Time of Update: 2022-12-25
The market expects the probability of a 75 basis point rate hike by the Fed in September to rise; PVC fundamentals have improved slightly in the short term, but social stocks are still high; Some devices on the supply side have unexpectedly stopped and the start time is uncertain; Although the spot price rose slightly, the transaction follow-up was not good.
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Rubber demand is expected to improve and is expected to maintain a strong trend in the short term
Time of Update: 2022-12-25
rubberNR main closing price 11245 (+70) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1687.
NR main closing price 11245 (+70) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1687.
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PVC main contract continues to reach new lows, and market sentiment is more pessimistic
Time of Update: 2022-12-25
PVCAs the temperature continues to rise, the production and operation of domestic chlor-alkali plants are not good, and enterprises have carried out routine maintenance.
As the temperature continues to rise, the production and operation of domestic chlor-alkali plants are not good, and enterprises have carried out routine maintenance.
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The medium and long-term downward trend of Shanghai aluminum has not changed, and it is recommended to wait and see
Time of Update: 2022-12-25
Shanghai aluminumOn the supply side, the resumption of production in Guangxi slowed down, and the increase in electrolytic aluminum production in July was less than expected.
Shanghai aluminumOn the supply side, the resumption of production in Guangxi slowed down, and the increase in electrolytic aluminum production in July was less than expected.
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Rubber low oscillation is affected by the pessimistic atmosphere on the demand side
Time of Update: 2022-12-25
The weak pattern of supply and demand has not changed, and it is expected that rubber prices will continue to fluctuate at a low level.
The weak pattern of supply and demand has not changed, and it is expected that rubber prices will continue to fluctuate at a low level.
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The cost side support is strong, and the rubber continues to be strong and oscillating pattern
Time of Update: 2022-12-25
rubberOn the 31st, the main closing price of NR was 11530 (+130) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1710 (+30) US dollars / ton, Malaysian standard rubber 1700 US dollars / ton (+25), Indonesian standard rubber 1755 (+20) US dollars / ton.
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Aluminum prices are strong or difficult to sustain, and the actual consumption of the market is weak and will not change
Time of Update: 2022-12-25
Aluminum pricesShort-term large-scale production cuts have eased supply pressures, and there is an expectation of tight supply during peak seasons.
Short-term large-scale production cuts have eased supply pressures, and there is an expectation of tight supply during peak seasons.
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The PVC spot market stabilized as a whole
Time of Update: 2022-12-25
The spot market of PVC before May Day showed stability and change as a whole, with the price of PVC market in Asia falling by 25-30 US dollars / ton, CFR China falling 30 US dollars / ton at 1310 US d
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Futures range volatility PVC market atmosphere is acceptable
Time of Update: 2022-12-25
There are not many maintenance plans in July, and we will pay attention to unplanned new maintenance; weakening of exports; The market rebounded yesterday and the transaction improved slightly; calcium carbide stabilized, PVC end loss, caustic soda profit is good but weakened, cost support is not strong, spot 6840, supply and demand continue to loose in the later period.
