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Strong supply and weak demand in fundamentals Rubber inventory pressure increases
Time of Update: 2022-12-16
In view of the current concentrated listing of domestic new rubber, and the limited improvement of downstream demand, it is difficult to undertake supply increments, and the social explicit inventory remains high, it is expected that the future market rubber price will show a weak bottom-seeking trend, and the futures price will test the lower 11000-11200 yuan / ton first-line support.
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The recovery of copper is still not high, and the overall is still hovering at a low level
Time of Update: 2022-12-16
Copper periodExternally, Apanlon copper opened at $5657 / ton, and after the open, the center of gravity of copper prices slowly moved upward due to the bright performance of China's release of the latest Caixin PMI data in the morning, coupled with the market gradually digesting the instability in global trade before.
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Aluminum continues to fall slightly below with a reference to around 13700
Time of Update: 2022-12-16
On the macro front, the two heads of state agreed to restart economic and trade consultations between the two countries, and the United States said that it would not impose new tariffs on Chinese exports.
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Risk aversion in trade negotiations remains, and the main force of Shanghai copper continues to be weak
Time of Update: 2022-12-16
The main 1907 contract of Shanghai copper continued to be weak, trading at 46390-46060 yuan / ton during the day, and closing at 46130 yuan / ton at the end of the day, down 0.
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Shanghai copper's main force to test the low and rebound, it is expected that the short-term shock is weak
Time of Update: 2022-12-16
In terms of spot, the weekend is coming, the monthly long orders are nearing the end, the supply performance is abundant, the spot quotation is stable, the market consumption is weak, and the activity of the trade market is difficult to increase, which makes the market quotation stalemate again.
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Non-ferrous metals are under low pressure, and copper exhibits low oscillations
Time of Update: 2022-12-16
Thursday Shanghai copper main contract 1909 opened at 46540 yuan / ton in the morning, the opening immediately down to the lowest level of the day 46540 yuan / ton, then the center of gravity of the p
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The fundamentals of base aluminum are still empty, and the fear of heights downstream is obvious
Time of Update: 2022-12-16
As Powell's dovish speech strengthened the expectation of a US dollar interest rate cut, the US index fell sharply and the external metal rose significantly, driven by Lun aluminum, Shanghai aluminum soared higher in the evening, but due to the lack of fundamental support, the morning short entry pressure gradually retreated.
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Lianplastic volatility is higher, and it is expected to stop falling and stabilize in the short term
Time of Update: 2022-12-16
In terms of enterprises, the sales company's high-pressure, linear opening price was reduced, with a range of 50-150 yuan / ton.
In terms of enterprises, the sales company's high-pressure, linear opening price was reduced, with a range of 50-150 yuan / ton.
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The main force of Shanghai aluminum opened low and went low, and short-term fatigue was fully displayed
Time of Update: 2022-12-16
In the spot market, the supply is sufficient, and some traders consider that spot is stronger than futures, which is conducive to futures arbitrage, active in receiving goods, and the overall transaction is more active.
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Supply and demand pressures have eased LLDPE opens low and goes higher
Time of Update: 2022-12-16
Market situation: LLDPE supply and demand pressure has eased, L2001 main contract opened low and higher, the futures price closed at 7295 yuan / ton, +0.
Market situation: LLDPE supply and demand pressure has eased, L2001 main contract opened low and higher, the futures price closed at 7295 yuan / ton, +0.
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Market pessimism heats up, and the main shock of Shanghai copper fell slightly
Time of Update: 2022-12-16
In terms of spot, the market basically maintained the previous day's quotation, traders are interested in buying near Pingshui, if there is a low-priced source of goods can still attract traders to buy, downstream enterprises maintain rigid demand.
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Domestic supply off-season Shanghai rubber volatility intensified
Time of Update: 2022-12-16
Market situation: RU2001 increased positions and contracted, futures prices closed slightly lower, and Shanghai rubber followed the volatility intensified.
Market situation: RU2001 increased positions and contracted, futures prices closed slightly lower, and Shanghai rubber followed the volatility intensified.
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The main force of Shanghai aluminum opened high and upward, and short-term volatility is expected to be strong
Time of Update: 2022-12-16
Shanghai aluminumMarket focus: The US ADP employment increased by 195,000 in August, the highest increase since April this year, and the third consecutive month of month-on-month growth; the US ISM non-manufacturing PMI rose to 56.
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Trade situation eases Shanghai copper's main force rushed up and fluctuated
Time of Update: 2022-12-16
The main 1908 contract of Shanghai copper rushed high and fluctuated, with the highest 47450 yuan / ton and the lowest 46960 yuan / ton during the day, and the closing price was 47360 yuan / ton, up 0.
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PVC range finishing shows that the bulls' strength has weakened
Time of Update: 2022-12-16
Technically, PVC1909 is range-bound, and the trading volume has rebounded significantly, but the position has decreased slightly.
Technically, PVC1909 is range-bound, and the trading volume has rebounded significantly, but the position has decreased slightly.
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Alumina price rebound repair is not expected to have much room for price upside
Time of Update: 2022-12-16
Recently, the price of alumina rebounded restoratively, the intended price of aluminum plant and alumina plant has risen to varying degrees, the intended shipment price of alumina is basically above 2
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The fundamentals have not changed much, and aluminum is still strong
Time of Update: 2022-12-16
After the opening, the bulls took the initiative to enter, and the Shanghai aluminum shock to the upside, breaking through the 20/10-day moving average barrier before noon, touching 14290 yuan / ton at a high level.
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Terminal demand performance is weak, and the main force of Shanghai aluminum rushes back down
Time of Update: 2022-12-16
The main 1911 contract of Shanghai aluminum rushed back down, with the highest 14675 yuan / ton and the lowest 14225 yuan / ton during the day, closing at 14385 yuan / ton, up 0.
Market focus: The People's Bank of China announced that it will cut the reserve requirement ratio of financial institutions by 0.
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The main force of Shanghai aluminum rose sharply and is expected to run strongly in the short term
Time of Update: 2022-12-16
Aluminum prices rose sharply during the day, a large household received less goods, the holders had limited tickets for the month, and there were not many shipments, and the middlemen still showed obvious willingness to receive goods due to the existence of replenishment and invoice demand, and the market was active due to traders trading driven by trading, and spot prices were firm.
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The main force of Shanghai aluminum opens high and goes low short-term shock adjustment
Time of Update: 2022-12-16
The main 1908 contract of Shanghai aluminum opened high and low, with the highest 13805 yuan / ton and the lowest 13720 yuan / ton during the day, and the closing price was 13745 yuan / ton, down 0.
