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The impact of the epidemic and peripheral inflation Shanghai aluminum continues to explore the bottom
Time of Update: 2022-12-25
Shanghai aluminumToday's London aluminum traded sideways in a narrow range, LME three-month Beijing time at 15:01 at 2356 US dollars / ton, down 21 US dollars, or 0.
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July 20 Shanghai aluminum noon comment
Time of Update: 2022-12-25
Shanghai aluminumIn terms of fundamentals, SMM stocks on the 18th reported 682,000 tons, down 15,000 tons from last Thursday; during the same period, the steel union statistics aluminum rod inventory was 111,000 tons, down 02,500 tons from last Thursday; exports remained high in June 2022, and China exported 607,400 tons of unwrought aluminum and aluminum in June, down about 70,000 tons from the previous month; the cumulative export from January to June was 3.
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June 9 Shanghai aluminum afternoon commentary
Time of Update: 2022-12-25
Overnight, the main force of Shanghai aluminum 2207 closed at 20950, up 180, LME aluminum closed at 2736, up 49. 5; macro, Biden vowed to give Fed Chairman Powell "space" to let him fight inflation, m
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July 19 copper market morning review
Time of Update: 2022-12-25
Copper market morning comment: Yesterday's copper prices continued to strengthen, recovering 57,000 yuan / ton, the current is an over-fall rebound, the dollar index high fell back in the background,
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The macro situation is still unstable Shanghai aluminum may be difficult to continue its rally in the near future
Time of Update: 2022-12-25
Last week, Shanghai aluminum ran in a "V" shaped trend, mainly fluctuating in the range of 1. 8-18,800, and the overall price was still slightly weak. Shanghai aluminumAt the beginning of the week, af
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September 5 copper market morning review
Time of Update: 2022-12-25
Copper CityOn the macro front, a number of Fed members followed up and made tough remarks, which are good for the dollar and bearish for copper prices.
On the macro front, a number of Fed members followed up and made tough remarks, which are good for the dollar and bearish for copper prices.
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August 26 aluminum market afternoon comment
Time of Update: 2022-12-25
Aluminum CityCrude oil continued to rise overnight, and Lun aluminum rushed back to close Xiaoyang, opening slightly higher at $2428 today.
Crude oil continued to rise overnight, and Lun aluminum rushed back to close Xiaoyang, opening slightly higher at $2428 today.
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May 11 London Copper Afternoon Review
Time of Update: 2022-12-25
stocks rebounded to stop falling, overnight London copper bottomed out, the latest closing quotation of 9275 US dollars / ton, slightly up 5 US dollars, or 0.
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May 24 aluminum market afternoon review
Time of Update: 2022-12-25
Aluminum CityOvernight, Lun aluminum rushed back down and turned to close in a small negative, opening slightly higher at $2956 today.
Overnight, Lun aluminum rushed back down and turned to close in a small negative, opening slightly higher at $2956 today.
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Copper market supply and demand double weak pattern trading performance stalemate game
Time of Update: 2022-12-25
Overall, static supply and demand are weak, but the market focuses on the resumption of work and production, dynamic supply and demand are optimistic, and the decline in internal and external inventories has also driven premium quotations higher, and expected trading to pick up, short-term copper prices may still be optimistic.
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Intraday base metals rose and Shanghai copper rose slightly
Time of Update: 2022-12-25
Shanghai copperOn the macro front, Richmond Fed President Barkin, a member of the 2024 FOMC voting committee, said that the Fed should raise interest rates as quickly as possible and avoid causing undue harm to financial markets or the economy.
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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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Market concerns about demand remain There is room for downward adjustment in copper prices
Time of Update: 2022-12-25
On Monday (August 29) the UK coincides with the summer bank holiday, the London Metal Exchange (LME) is closed, and trading will resume on Tuesday (August 30).
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Shanghai copper turned green and fell slightly, and market sentiment remained relatively cautious
Time of Update: 2022-12-25
Shanghai copperOn the macro side, the current market expectation that the Nord Stream natural gas pipeline will reduce supply is still fermenting, and for copper varieties, it has a greater impact on the demand side, so it is relatively unfavorable for prices.
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The overall price of PVC will remain weak and volatile in the short term
Time of Update: 2022-12-25
Affected by the expectation of global recession, domestic PVC prices continued to fall; Downstream demand continues to be weak; The start of enterprises remains at a low level, maintains the purchase of rigid needs, and has a strong willingness to wait and see; Futures run at weak prices to find the bottom.
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Shanghai copper low-level oscillation continues to be viewed in a bearish way
Time of Update: 2022-12-25
Shanghai copperOn the macro front, the housing data released by the United States further consolidated the fear of global recession, coupled with the domestic epidemic, real estate still has certain risks, Shanghai copper stabilization and rebound rhythm is difficult to predict, the overall trend downward.
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Dragged down by market sentiment, rubber prices continued to find a bottom
Time of Update: 2022-12-25
As rubber is about to usher in a new season's production release period, the supply is expected to show a gradual increase trend, so the contradiction between rubber supply and demand is prominent, and the weak price operation will continue.
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Demand has not improved significantly Rubber prices fluctuated at a low level
Time of Update: 2022-12-25
Demand has not seen significant improvement, resulting in weak supply and demand, but the current relatively strong spot price or limit the further decline space of futures prices, short-term prices or low volatility is the mainstay.
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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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The rise in crude oil prices has a certain boost to Shanghai copper
Time of Update: 2022-12-25
Shanghai copperOn the macro front, the revised GDP in the United States in the first quarter once again recorded poorer-than-expected results, which made the market question the Fed's continued interest rate hikes.