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Copper prices stopped falling and rebounded higher, and the market trading was not ideal
Time of Update: 2022-12-25
Macro sentiment has calmed down, coupled with domestic economic data performance is acceptable, Shanghai copper stopped falling and rebounded higher, but the market trading was not satisfactory, the price performance lacked rebound continuity, and spot copper prices closed slightly lower.
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The supply and demand pattern is still weak and the rebound of rubber prices is limited
Time of Update: 2022-12-25
As of April 21, the domestic all-steel tire operating rate was 59.
As of April 21, the domestic all-steel tire operating rate was 59.
As of April 21, the domestic all-steel tire operating rate was 59.
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There is uncertainty in supply Short-term aluminum prices may fluctuate strongly
Time of Update: 2022-12-25
Shanghai aluminumIn terms of news, the central bank has lowered loan interest rates, especially medium and long-term loan interest rates, which is conducive to stimulating demand for housing loans, but the short-term real estate market lacks confidence and is difficult to improve significantly.
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Market sentiment continues to be weak Rubber prices weakened again
Time of Update: 2022-12-25
NR main closing price 9915 (-170) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1472.
NR main closing price 9915 (-170) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1472.
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Supported by the continued decline in inventories, aluminum prices are expected to remain volatile
Time of Update: 2022-12-25
After a series of sharp declines, Lun Aluminum rebounded sharply after the overnight interest rate hike landed to close in Zhongyang, opening 0. 5% higher at $2628 today. Shanghai aluminum opened high
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The recent weakness in copper prices is mainly due to the strengthening of the US dollar
Time of Update: 2022-12-25
According to data released by the London Metal Exchange (LME), London copper stocks initially entered an upward channel from March, rising to a seven-month high of 180,925 tons more than two months later, and then the stock level continued to decline, and in the first half of last week, London copper stocks fell sharply, falling to a new one-and-a-half-month low of 116,900 tons on June 8, and then stocks recovered slightly, with the latest inventory level of 117,975 tons.
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Copper prices broke again Pay attention to risk aversion
Time of Update: 2022-12-25
At the same time, the pessimistic outlook for the economy has also weakened crude oil prices sharply, and copper prices have not been spared.
At the same time, the pessimistic outlook for the economy has also weakened crude oil prices sharply, and copper prices have not been spared.
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Rubber prices fluctuated mainly at a low level, and the rebound was slightly weak
Time of Update: 2022-12-25
At present, the low basis and the continuous destocking of inventories may limit the downward space of rubber prices, but the supply and demand drive is weak, and the upward momentum is insufficient, and it is expected that the low price of rubber will fluctuate.
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Shanghai rubber rose slightly in the later period, focusing on the recovery of demand
Time of Update: 2022-12-25
Shanghai rubberThe fundamentals are short and the overall environment is weak, resulting in a sharp decline in rubber.
Shanghai rubberThe fundamentals are short and the overall environment is weak, resulting in a sharp decline in rubber.
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Shanghai copper opened high and fell volatile due to the weakening of the stock market
Time of Update: 2022-12-25
Shanghai copperDuring the Asian session, London copper fluctuated lower, and the latest quotation at 15:01 Beijing time was 9455 US dollars / ton, down 76 US dollars, or 0.
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July 26 Lun aluminum noon review
Time of Update: 2022-12-25
Lun aluminumGlobal economic growth continues to slow, the demand outlook is still bleak, global inflation is still at a high level, overnight London aluminum shock weakened, the latest closing quotation of 2408 US dollars / ton, closed down 51 US dollars, down 2.
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Shanghai copper weak operation The actual trading of the market is slightly deadlocked
Time of Update: 2022-12-25
During the Asian session, London copper fluctuated and fell, and the latest quotation at 15:01 Beijing time was 7613 US dollars / ton, down 97 US dollars, or 1.
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Supported by the tight supply of goods, scrap aluminum prices are still firm
Time of Update: 2022-12-25
Last week, scrap aluminum followed the increase of aluminum ingots, the South China market rose by about 500 yuan, and the mainstream price of machine aluminum in the local market was around 14500; Ot
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The macro atmosphere is not good, and the demand off-season aluminum prices continue to be weak
Time of Update: 2022-12-25
Aluminum pricesOn the supply side, there is still room for electrolytic aluminum profits, production is recovering rapidly, and the operating rate of enterprises has risen steadily.
On the supply side, there is still room for electrolytic aluminum profits, production is recovering rapidly, and the operating rate of enterprises has risen steadily.
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June 7 Shanghai aluminum afternoon comment
Time of Update: 2022-12-25
Shanghai aluminumMacro: Biden vowed to give Fed Chairman Powell "space" to let him fight inflation, market risk aversion rebounded, and the dollar stabilized and rebounded; As the epidemic situation in Beijing and Shanghai is coming to an end, Shanghai will cancel the approval system for enterprises to resume work and production from June 1, and at the same time introduce a series of policies to stabilize foreign investment, promote consumption and expand investment.
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The short-term long-short game is strong, and aluminum prices may show a wide range of fluctuations
Time of Update: 2022-12-25
The recent rebound in aluminum prices, the easing of pessimism brought about by the global macroeconomic downturn, and the market's expectations for the domestic peak season superimposed policy suppor
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Shanghai copper intraday volatility is strong, and the afternoon gain narrowed significantly
Time of Update: 2022-12-25
Shanghai copperOn the macro front, Fed officials said the Fed needed to continue to raise borrowing costs to control high inflation, though they were still discussing how quickly and how high interest rates should be raised, and the dollar index soared to a one-month high.
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PVC futures prices are weak and the market has a strong wait-and-see atmosphere
Time of Update: 2022-12-25
16, the northwest chlor-alkali profit was 852 yuan / ton, down 40 yuan / ton from the previous day.
16, the northwest chlor-alkali profit was 852 yuan / ton, down 40 yuan / ton from the previous day.
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Aggressive interest rate hikes exacerbate market fears Copper prices fell sharply under pressure
Time of Update: 2022-12-25
Copper pricesOn the macro front, after the Fed raised interest rates by 75bps, the market's concerns about the economic outlook began to gradually appear, and the three major stock indexes of US stocks fell collectively again, and the Nasdaq fell by more than 4%.
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Copper prices still rebound in the short term, but the height is expected to be limited
Time of Update: 2022-12-25
The factors supporting the rebound in copper prices were mainly the slowdown in the Fed's interest rate hike pressure and the improvement of the domestic epidemic.
The factors supporting the rebound in copper prices were mainly the slowdown in the Fed's interest rate hike pressure and the improvement of the domestic epidemic.
