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The weak market demand shows that the Shanghai copper shock has fallen
Time of Update: 2022-12-25
On Wednesday, the Shanghai electrolytic copper spot contract was reported at 260-310 yuan / ton, the average price of 285 yuan / ton, unchanged from the previous day, the first day of June supply and demand stalemate difficult to find low-priced goods, premium temporarily stable.
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Market sentiment has eased and Shanghai copper has stopped falling and stabilized
Time of Update: 2022-12-25
Shanghai copperDuring the Asian session, London copper fluctuated strongly, and the latest quotation at 15:01 Beijing time was 8356 US dollars / ton, up 34 US dollars, or 0.
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July 27 London Copper Afternoon Review
Time of Update: 2022-12-25
London copperGlobal copper mine supply concerns heated up, supply production was lower than expected, due to the continuous disruption of major copper mines caused by production obstruction, and then had to lower the annual copper production target, overnight London copper shock is strong, the latest closing quotation of 7545 US dollars / ton, up 63 US dollars, or 0.
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Market sentiment is moving cautiously again The Shanghai copper market continues to decline
Time of Update: 2022-12-25
Shanghai copperOn the macro front, a series of better-than-expected announcements from the United States, such as the final PMI value of the services industry and the number of factory orders, coupled with the hawkish attitude of Fed officials to the market in recent days, have made the dollar recover for two consecutive days.
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Rubber futures are weak to explore The supply and demand structure is still weak
Time of Update: 2022-12-25
rubberSystemic risks still exist, and although the latest domestic economic data for July showed a stable trend overall, the growth rate of retail sales of consumer goods showed signs of slowing down again.
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July 7 copper market morning review
Time of Update: 2022-12-25
At the macro level, the Fed's tightening attitude will not ease significantly, the rate hike under the established federal fund neutral target rate is still high, and Powell has a clear attitude of controlling inflation at the expense of economic growth, the current copper price has traded a 75BP rate hike in July, but the current oil price falls, July does still have the possibility of a 50BP rate hike, which may make sentiment repaired.
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On the eve of the Fed meeting, Shanghai copper may maintain a volatile pattern
Time of Update: 2022-12-25
The continued rise of the US dollar has an adverse impact on copper prices, so copper prices may remain volatile until the Fed's interest rate decision in May. On the macro front, on the economic front, the preliminary annualized q/qd real GDP of the United States unexpectedly recorded -1.
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August 26 aluminum market morning review
Time of Update: 2022-12-25
Aluminum CityIn the morning, the spot market trading turned weak, the price rose, the downstream procurement strength weakened, and the trading between traders was acceptable, but the circulation was abundant, and there were more discounted transactions.
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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 aluminum upward resistance is large, before the festival it is recommended to resume wait-and-see
Time of Update: 2022-12-25
Shanghai aluminumOn the supply side, the profit of alumina smelting was stable, and the newly expanded production capacity was steadily landed, but the import volume was suppressed; External interference factors subsided, superimposed smelting profits are good, it is expected that electrolytic aluminum production in June will continue to be high, but costs are still supported, and there is still a gap in imports.
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The main force of Shanghai copper rushed back down and maintained a volatile trend in the short term
Time of Update: 2022-12-25
It is expected that the main contract of Shanghai copper will maintain a volatile trend in the short term, and the price will run in the range of 58,000-63,000 yuan / ton in the near future.
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The steady progress of domestic resumption of production is favorable to support the strong shock of Shanghai aluminum
Time of Update: 2022-12-25
Shanghai aluminumToday's Lun aluminum trend is volatile, LME three-month Beijing time at 15:01 at 2987 US dollars / ton, up 18 US dollars, or 0.
Today's Lun aluminum trend is volatile, LME three-month Beijing time at 15:01 at 2987 US dollars / ton, up 18 US dollars, or 0.
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Shanghai aluminum short-term range volatility The market did not see a clear direction choice
Time of Update: 2022-12-25
Shanghai aluminumIn terms of the market, the average price of spot Yangtze River was 18,570 yuan / ton, up 160 yuan / ton, and the discount was 10 yuan / ton for the month.
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The market is strong in risk aversion, and the trend of copper is weak
Time of Update: 2022-12-25
In view of the sustained impact of macro bearishness, the bearish outlook is maintained in the third quarter, and the main medium-term support level of Shanghai copper needs to pay attention to the 68,000 mark.
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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.
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Shanghai copper is weak and oscillating, turning slightly green during the day
Time of Update: 2022-12-25
Most assets, including US stocks, the US dollar and gold, weakened yesterday, indicating that market liquidity is limited and asset prices are affected by the Fed's continued tightening of monetary policy.
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The trend of Shanghai copper fell slightly, and it was still dominated by a volatile pattern
Time of Update: 2022-12-25
In terms of internal metals, it fell in early trading, with Shanghai copper slightly down 0.
In terms of internal metals, it fell in early trading, with Shanghai copper slightly down 0.
In terms of internal metals, it fell in early trading, with Shanghai copper slightly down 0.
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Copper price trend volatility pay attention to the later demand recovery
Time of Update: 2022-12-25
Last week's macro sentiment was uncertain, the trend of Shanghai copper ups and downs, the road to copper price rebound was bumpy, and the spot transaction performance was weak, but the domestic favorable policies were released in a concentrated manner, and the personal mortgage interest rate was then welcome "interest rate cut", superimposed on the improvement of the epidemic, new energy vehicle consumption is expected to be good, boosting market recovery expectations, copper prices will remain high and volatile.
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The fundamentals are weak, and the situation will not change, and Shanghai aluminum is under pressure to weaken
Time of Update: 2022-12-25
Weak demand is still one of the main factors affecting the weakening of aluminum prices, poor real estate data drags down market confidence, the effectiveness of the "guaranteed delivery" policy remains to be seen, short-term demand performance is difficult to improve, and aluminum ingot social library continues to accumulate, an increase of 5,000 tons from last Thursday.
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Rubber shock adjustment is the mainstay, and it is difficult for prices to fall sharply in the short term
Time of Update: 2022-12-25
At present, there is some support on the rubber cost side, but domestic demand is still weak, and the rebound drive may be limited.
At present, there is some support on the rubber cost side, but domestic demand is still weak, and the rebound drive may be limited.
