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June 1 London Copper Afternoon Review
Time of Update: 2022-12-25
London copperThe market's concerns about global inflation further accelerating weighed on investors' risk appetite, the US dollar was stabilized and rebounded by safe-haven demand concerns, and the copper shock fell overnight, the latest closing quotation of 9439 US dollars / ton, closed down 86 US dollars, or 0.
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September 14 copper market afternoon review
Time of Update: 2022-12-25
Copper CityOvernight copper prices showed a rush back down the market, long shadow in the Yin K line closed, the market after the holiday is more repeated, Asia-Europe session, with the rise in oil prices and domestic demand is expected to improve, copper prices inertia rushed, but with the release of the US CPI data, strengthen the US interest rate hike expectations, copper and other metals should fall back, the plate quickly turned green.
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July 28 copper market morning review
Time of Update: 2022-12-25
Copper market morning comment: London copper rose sharply yesterday, and the main contract of Shanghai copper closed higher overnight. Short-term pessimistic expectations release, demand for good expe
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Shanghai aluminum afternoon review on July 14
Time of Update: 2022-12-25
At present, inflation in the United States has reached a new high, the pressure to raise interest rates in July has risen, while recession fears remain overshadowed, the dollar is strong, and commodities are suppressed.
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PVC market prices rose and demand recovered less than expected
Time of Update: 2022-12-25
On June 13, the average price of PVC 5 type domestic market was 581. 25 yuan / ton, up 1. 08% from the previous trading day and down 6. 23% year-on-year. At present, the futures high is declining, the
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July 28 Lun aluminum afternoon review
Time of Update: 2022-12-25
Lun aluminumThe Fed raised interest rates by 75 basis points as scheduled, and Fed Chairman Powell's comments stimulated the market's hopes for slowing down the road to interest rate hikes, overnight Lun aluminum low by oscillation consolidation, slightly closed the Yang line, the latest closing quotation of 2426 US dollars / ton, closed up 4 US dollars, or 0.
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A higher dollar coupled with weak demand The center of gravity of Shanghai copper shifts downward
Time of Update: 2022-12-25
Shanghai copperOn the macro front, as the Fed interest rate meeting approaches, the market may raise interest rates by the Fed more than previously expected by 50bps, reaching 75bps, especially after the May CPI data released on Friday once again recorded a new 40-year high, and under the influence of such expectations, the dollar broke through the 105 mark in one fell swoop, and copper prices came under pressure.
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June 7 Lun aluminum afternoon commentary
Time of Update: 2022-12-25
Lun aluminumThe overseas macro atmosphere warmed up, overnight Lun aluminum shock rebounded, the latest closing quotation of 2789 US dollars / ton, closed up 65 US dollars, or 2.
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The main force of Shanghai aluminum rose slightly, and the overall transaction of the market was not satisfactory
Time of Update: 2022-12-25
Today's Shanghai aluminum opened high and fell in the morning, rushed back down in the afternoon, and closed Xiaoyang at the end of the day, the disturbance of overseas aluminum plants was lifted so that 120,000 tons of production capacity was no longer reduced, and the weak pattern of domestic demand continued to suppress the rise in aluminum prices, and the main contract of Shanghai aluminum fluctuated during the day, recording a slight increase of 0.
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June 16 Shanghai aluminum brief comment
Time of Update: 2022-12-25
Shanghai ushered in a full resumption of work, and the problem of poor transportation in the early stage was basically lifted, but the boost to terminal demand was insufficient, and the downstream operating rate showed a weak recovery, and the overall level was much lower than that of the same period.
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April 26 London Copper Afternoon Review
Time of Update: 2022-12-25
London copperThe dollar soared to a two-year high, suppressing dollar-denominated commodities, overnight London copper volatility weakened, the latest closing quotation of 9837 US dollars / ton, closed down 232 US dollars, down 2.
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August 1 aluminum market noon comment
Time of Update: 2022-12-25
Aluminum CityCrude rose slightly on Friday, and aluminum rose slightly to open as low as $2,468 today.
Aluminum CityCrude rose slightly on Friday, and aluminum rose slightly to open as low as $2,468 today.
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June 1 Shanghai aluminum afternoon comment
Time of Update: 2022-12-25
Overnight Shanghai aluminum shock. Monday's inventory data showed that the comprehensive inventory of aluminum ingots and rods fell by about 20,000 tons in the past week, narrowing month-on-month and
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Shanghai aluminum afternoon review on August 10
Time of Update: 2022-12-25
Shanghai aluminumNearing delivery, the short-term structure is stronger, but considering that spot is still weak and inventories are still abundant, structural strength is not expected to be sustainable.
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May 27 London Copper afternoon review
Time of Update: 2022-12-25
London copperOil prices rebounded higher, thanks to the expected recovery of market demand, and the UK's announcement of a windfall profits tax on energy company profits, which helped oil prices rise, overnight London copper shock sorted out the closing line, the latest closing quotation of 9387 US dollars / ton, closed up 11 US dollars, or 0.
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Market demand performance is average, and it is difficult for aluminum prices to be substantially repaired in the short term
Time of Update: 2022-12-25
Aluminum pricesOn the macro front, the dollar index continued to perform strongly on expectations of interest rate hikes and weakness in non-US currencies, putting pressure on non-ferrous metals.
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September 8 aluminum market noon comment
Time of Update: 2022-12-25
Aluminum CityOn the macro front, the dollar index remained high on expectations of interest rate hikes and the weakness of non-US currencies, putting pressure on non-ferrous metals.
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July 4 Lun aluminum noon review
Time of Update: 2022-12-25
Oil prices rose, mainly due to the supply disruption in Libya and the expected shutdown of Norway, the next week London aluminum bottomed out and rebounded, the latest closing quotation of 2469 US dollars / ton, closed up 25 US dollars, or 1.
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Short-term demand recovery Shanghai aluminum will mainly recover moderately
Time of Update: 2022-12-25
Shanghai aluminumIn terms of macro, after market hours on Wednesday, Li Keqiang stressed at the national TV and telephone conference on stabilizing the economic market: solidly promote the implementation of various policies to stabilize the economy, ensure that market entities ensure employment and people's livelihood, and ensure that the economy operates in a reasonable range.
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Shanghai copper continued its decline and continued to fall sharply
Time of Update: 2022-12-25
Previously, the Fed may continue to raise interest rates sharply under high inflation, triggering market concerns about tightening; At the same time, domestic downstream demand recovered less than expected after the epidemic improved, so copper prices fell sharply in the short term.