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Shanghai copper's short-term performance is strong, beware of opening high and going low
Time of Update: 2022-12-25
Shanghai copperIn the spot market, the enthusiasm of the downstream to enter the market before the Dragon Boat Festival is not high, the willingness to stock is weak, cautious to buy at the dip just need to replenish the stock, the holders continue to adjust prices, and the trading of the two sides is still deadlocked.
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August 16 aluminum market morning review
Time of Update: 2022-12-25
Aluminum CityIn the morning spot market trading is still light, holders lowered their quotations, but downstream on-demand procurement is the mainstay, traders participate cautiously, and the overall transaction is insufficient.
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After the price fell deeply, copper prices may have short-term adjustment needs
Time of Update: 2022-12-25
According to Mysteel News, the market is still pessimistic about the future copper price and macro picture, coupled with the consumption off-season, the operating rate of downstream enterprises is not as good as the normal level in previous years.
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August 10 copper market morning review
Time of Update: 2022-12-25
Copper CityMacro, the vacuum period of the September FOMC meeting, mainly focusing on non-farm payrolls and CPI data, Friday's US non-farm payrolls data significantly exceeded expectations, the probability of a 75BP rate hike increased, the dollar recovered, and the next indicator to pay attention to was the US July CPI data.
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June 21 Copper Market Afternoon Review
Time of Update: 2022-12-25
2% to hit a new nine-month low; Chilean copper mines may break out of strikes, but domestic refined copper production rebounded month-on-month, and copper is expected to fall slightly.
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June 23 aluminum market morning review
Time of Update: 2022-12-25
Aluminum CityIn the morning, the spot market turned weak again, and the downstream on-demand procurement in the early stage, as the price fell wait-and-see sentiment rose, receiving goods cautiously, and the transaction declined.
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August 15 Copper Market Afternoon Review
Time of Update: 2022-12-25
97%; Domestic supply surged, downstream consumption gradually returned to flattening, coupled with market sentiment and negative dangers, copper is expected to fall.
97%; Domestic supply surged, downstream consumption gradually returned to flattening, coupled with market sentiment and negative dangers, copper is expected to fall.
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August 1 copper market afternoon review
Time of Update: 2022-12-25
Over the weekend, China's July manufacturing PMI fell short of expectations, Sino-US relations were tense, and the external market opened significantly lower.
Over the weekend, China's July manufacturing PMI fell short of expectations, Sino-US relations were tense, and the external market opened significantly lower.
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July 12 Lun aluminum afternoon review
Time of Update: 2022-12-25
2. 75 in many places around the world once again intensified the risk of recession due to epidemic fears, and the overnight aluminum shock weakened, the latest closing quotation of 2377 US dollars / ton, closed down 67 US dollars, down 2.
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LME copper rose thanks to technical buying
Time of Update: 2022-12-25
LME copper and most other base metals futures extended gains in Asian markets on Friday, as the dollar weakened ahead of the release of the US non-farm payrolls data, and the report was expected to show a slowdown in US employment growth in July.
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July 14 Copper Market Morning Review
Time of Update: 2022-12-25
The market expects the Fed to raise interest rates by more than 70% in July, and the 2-10-year US Treasury yield curve has inverted most severely since 2000.
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July 22 Shanghai copper brief commentary
Time of Update: 2022-12-25
Shanghai copperOvernight, the European Central Bank raised interest rates by 50 basis points more than expected, affected by the Russia-Ukraine conflict, the pressure of inflation overshadowed the recession, the short-term dollar was frustrated, and copper prices were boosted.
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Off-season inventory pressure is greater, PVC futures market continues to adjust
Time of Update: 2022-12-25
PVCIn terms of coal, the supply of high-calorie coal was tight, coinciding with the peak summer, and the coal market strengthened slightly.
In terms of coal, the supply of high-calorie coal was tight, coinciding with the peak summer, and the coal market strengthened slightly.
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June 15 Lun aluminum afternoon review
Time of Update: 2022-12-25
Lun aluminumThe market's expectations for the Fed's interest rate hike strengthened, and the expectation of a 75 basis point rate hike this week has begun to pull up the pressure on industrial metals, and the overnight aluminum shock weakened, the latest closing quotation of 2558 US dollars / ton, closed down 79 US dollars, down 3.
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May 2022 cable raw materials (copper) monthly report
Time of Update: 2022-12-25
With the gradual control of the domestic epidemic and the resumption of work and production to stimulate consumption, low inventories support copper prices are expected to rebound in June.
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PVC prices have fallen sharply The demand side is about to turn into the off-season
Time of Update: 2022-12-25
As of June 17th, the ex-factory price of five-type calcium carbide method in Northwest China is around 7950~8000 yuan / ton.
As of June 17th, the ex-factory price of five-type calcium carbide method in Northwest China is around 7950~8000 yuan / ton.
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Aluminum prices are weak and volatile, and the performance is relatively resistant
Time of Update: 2022-12-25
Aluminum pricesIn terms of macro, the gradual relaxation of domestic epidemic prevention policies has brought benefits to the national economy and production and life activities, and various policies to stabilize the overall economic market have been frequent, and it is necessary to pay attention to the pull of policies on actual demand.
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Shanghai Aluminum Recorded a Small Rise in the Turmoil The market atmosphere is difficult to say optimistic
Time of Update: 2022-12-25
Shanghai aluminumIn terms of external trading, today's Lun aluminum market fluctuated sharply, diving lower, LME three-month Beijing time at 15:01 at 2377 US dollars / ton, down 8 US dollars, or 0.
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September 7 copper market morning review
Time of Update: 2022-12-25
At present, global copper stocks are at a low level, LME copper premiums are higher, and domestic copper spot premiums are also at a high level, with copper stocks increasing by 2,579 tons to 37,000 tons last week.
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July 14 aluminum market morning review
Time of Update: 2022-12-25
Aluminum CityIn the morning, the overall transaction volume of the spot market rebounded, mainly based on the demand for long-term order execution, and the downstream still purchased on demand.