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March 24 aluminum market afternoon review
Time of Update: 2022-12-18
Aluminum market afternoon comment: global industrial activity slowdown weakened metal demand, overnight Lun aluminum continued to close down $17, domestic and foreign smelting industry is now reducing
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Shanghai Copper's Main Force Declines and Rebounds The economic outlook is still facing uncertainty
Time of Update: 2022-12-18
The intraday monthly difference narrowed significantly, the willingness of holders to sell weakened, the discount narrowed rapidly, approaching delivery, the activity of traders increased, and the decline in copper also attracted downstream bargain bargaining replenishment, and intraday trading continued to show a gradual improvement trend compared with the previous two days.
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Peripheral sentiment warmed and copper prices rebounded low
Time of Update: 2022-12-18
Unprecedented production and supply chain disruptions due to the pandemic are threatening the outlook for industrial metals demand, the trend of increasing domestic inventories has begun to turn around, and copper prices have rebounded from low levels this week as the liquidity crisis eases and peripheral sentiment warms.
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Metal prices generally bottomed out The aluminum market is running at the bottom
Time of Update: 2022-12-18
From the current price of 12,800 yuan / ton of Shanghai aluminum, the industry has lost money, and domestic consumption tends to improve month-on-month, and the space below it is limited, but to repair upwards requires the global epidemic control effect to appear, which takes a certain amount of time.
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The main force of Shanghai copper fell sharply, and the market was afraid of falling and was pervasive
Time of Update: 2022-12-18
Market focus: (1) On the 15th local time, the Federal Reserve reduced the federal benchmark interest rate by 100 basis points to the level of 0.
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Long trading sentiment is not high, and the upside of aluminum in the short term is limited
Time of Update: 2022-12-18
On Monday, the main contract of Shanghai aluminum 2004 opened in the morning diving performance, recorded an extremely long black line lost all moving average support, opened at a low of 13580 yuan /
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Short-term supply-side disturbances have little impact The weak pattern of copper prices may continue
Time of Update: 2022-12-18
Affected by the epidemic, countries such as Chile, Peru and Mexico have entered a state of emergency, affecting the production and transportation of some copper mines, and the tight supply of copper concentrate has led to a decline in copper concentrate TC.
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April 3 copper market morning review
Time of Update: 2022-12-18
However, Saudi Arabia and Russia denied the news overnight, crude oil opened sharply lower, and non-ferrous metals opened low.
However, Saudi Arabia and Russia denied the news overnight, crude oil opened sharply lower, and non-ferrous metals opened low.
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Aluminum prices fell from a high level and continued to maintain weak shocks in the short term
Time of Update: 2022-12-18
This week is the first week of the opening of the previous overnight session. This week's Shanghai aluminum main force 2007 contract in the week three-day trend performance high down, after the holida
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Downstream stocking willingness is weak, PVC main contracts fell slightly
Time of Update: 2022-12-18
News: The latest quotation of Formosa PVC in Taiwan Province was raised by $10/ton in March from February to $900/ton CIF India, $870/ton CFR South China ports/Southeast Asia, FOB Taiwan at $840/ton.
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PVC rushed back down, and downstream demand recovery was insufficient
Time of Update: 2022-12-18
On Wednesday, the PVCV2009 contract fell sharply higher, closing at 5435 yuan / ton, +15 yuan from the previous trading day; Volume 210218 lots, -72527 lots; Position 206435 lots, +2038 lots, basis 25 yuan, +0 yuan; 5-9 spreads 40 yuan, -5 yuan.
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LME London copper surprise rally was affected by speculative buying
Time of Update: 2022-12-18
London copperA weaker dollar makes dollar-denominated commodities like copper more convenient for investors holding non-dollar currencies Robert Montefusco, an analyst at Sucden Financia, said, "It's a bit strange because if the economy is particularly weak, we usually see base metals react negatively to it.
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The market inquiry atmosphere is light, and the copper rally is still affected by risk factors
Time of Update: 2022-12-18
Copper periodExternally, the Asian market morning London copper gap opened low at 4995 US dollars / ton, due to last night the market on the world's major oil producers unanimously cut production doubts, and the release of API crude oil inventory data increased by 11.
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Copper continues to hit new lows and continues to pay attention to the trends of various countries
Time of Update: 2022-12-18
Copper periodIn terms of external trading, the Asian market opened high at 5335 US dollars / ton in the morning, touched 5365 US dollars / ton at the open, and then the center of gravity of London copper in the Asian session remained below the daily moving average near the $5300 mark.
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Rubber opened high and fluctuated, and the futures price closed slightly lower
Time of Update: 2022-12-18
In the downstream, the recent start of domestic semi-steel tire manufacturers fell slightly again, and the export market shipments are still sluggish, in order to control the inventory of finished products, some enterprises appropriately reduce the start of work; The start of all-steel manufacturers remained stable, and some enterprises had holiday plans due to the "May Day" holiday and moderately increased production.
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Shanghai copper gap high open maintained a high level throughout the day
Time of Update: 2022-12-18
Shanghai copperDuring the Asian session, the market risk appetite increased, and the trend of London copper continued to be strong, and the latest quotation at 15:00 Beijing time was 5020 US dollars / ton, up 115.
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Rubber futures increased positions and prices fluctuated to close higher
Time of Update: 2022-12-18
On Monday, the rubber RU2005 contract increased its position, and the futures price closed higher.
On Monday, the rubber RU2005 contract increased its position, and the futures price closed higher.
On Monday, the rubber RU2005 contract increased its position, and the futures price closed higher.
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The center of gravity of Shanghai aluminum rose slightly, rebounding to repair intraday declines
Time of Update: 2022-12-18
Then the low led the bears to profit out of the market, the bulls chased before the afternoon, Shanghai aluminum quickly rebounded to repair the intraday decline, the end of the session bulls increased positions again, Shanghai aluminum high touched 11780 yuan / ton, closed at 11740 yuan / ton, up 0.
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February 21 copper market noon review
Time of Update: 2022-12-18
8% overnight; The copper market has a slow recovery, weak market transactions, high market inventories, and copper is expected to fall slightly today.
8% overnight; The copper market has a slow recovery, weak market transactions, high market inventories, and copper is expected to fall slightly today.
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The market transaction is light The situation of oversupply in the copper market is obvious
Time of Update: 2022-12-18
Copper CityAt present, the domestic epidemic situation is still continuing, and the short-term Shanghai copper is affected by market confidence to support the strong recovery space, but more momentum will be pinned on the domestic refined copper demand and policy stimulation after the start of construction, while the medium and long-term copper price will continue to be under pressure due to the economic impact, and the V-shaped reversal is limited.