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Rubber futures have stopped falling in the market, pay attention to the improvement in demand
Time of Update: 2022-12-25
Domestic demand was disrupted by the epidemic, replacement market demand was further affected, and the price of cup rubber in Thailand continued to fall, and the decline was more obvious, more reflecting the weakness of the demand side and the expectation that the supply would continue to increase in the later period.
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Shanghai copper under pressure downward copper consumption in the later period is still expected
Time of Update: 2022-12-25
Shanghai copperDuring the Asian session, London copper fluctuated at a high level, and the latest quotation at 15:01 Beijing time was 9896 US dollars / ton, up 60 US dollars, or 0.
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June 1 Copper Market Afternoon Review
Time of Update: 2022-12-25
After the Shanghai copper rose sharply yesterday, it opened low and closed in the shade at 71550 in overnight trading.
After the Shanghai copper rose sharply yesterday, it opened low and closed in the shade at 71550 in overnight trading.
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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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Macro sentiment is bearish, and Shanghai copper continues to be weak during the day
Time of Update: 2022-12-25
Macro sentiment is weak, the Fed's tightening monetary policy expectations are heating up, non-ferrous metals are under pressure to the downside, and power restrictions to alleviate production capacity are restored ahead of schedule, coupled with the weakness of downstream demand, so the trend of Shanghai copper continues to be weak during the day.
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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 low opening volatility is still affected by macro factors in the short term
Time of Update: 2022-12-25
Shanghai copperOn the macro front, expectations for a 75 basis point rate hike by the Fed in the early hours of Thursday Beijing time jumped to 99% now, according to CME's Fedwatch tool.
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Aluminum prices fell back from a high and the market is expected to stop falling after the profit is exhausted
Time of Update: 2022-12-25
The "Central Bank Super Week" hit during the week, countries have raised interest rates within the market "expectations", aluminum prices briefly rebounded and then weakened again, in the macro short and domestic fundamentals also limited support, short-term is expected aluminum prices or maintain a shock adjustment trend.
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The cost surface support is enhanced, and the PVC disk is running strongly
Time of Update: 2022-12-25
Recently, PVC plate is running strongly, coupled with the increase in raw material calcium carbide prices, cost support is strengthened, PVC futures and spot prices rise hand in hand, but the rally has not lasted, the middle of the year began to stop rising and falling, domestic mainstream prices began to decline, the market center of gravity continued to shift.
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Internal and external copper inventories continue to decline Shanghai copper continues to have a strong trend
Time of Update: 2022-12-25
Shanghai copperIn terms of spot, data show that the average price of spot 1# copper in the Yangtze River on August 9 was 61680-61720 yuan / ton, up 200 yuan / ton; Premiums 300-Premiums 340, down 40 yuan.
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Supply and demand show a tight pattern Rubber prices rebound in the short term
Time of Update: 2022-12-25
Last week, rubber prices showed a slight rebound pattern, mainly due to the improvement of domestic market sentiment, with the inflection point of the epidemic in Shanghai, the market's expectations for the later demand improvement are increasing, while at the macro level, the domestic steady growth signal is further released, and demand expectations are gradually improving.
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The extent of demand recovery to be verified Aluminum prices may rise highly or restricted
Time of Update: 2022-12-25
Domestically, due to the fact that the water level in August in Yunnan is not as good as last year, the local power company is negotiating with local enterprises to reduce electricity, and local electrolytic aluminum enterprises may have the possibility of pressure load reduction of 10%-30%, and need to pay attention to the production situation in Yunnan and other regions.
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Shanghai aluminum bottom support is strong, intraday bottoming out
Time of Update: 2022-12-25
Shanghai aluminumToday, Lun aluminum bottomed out and rebounded higher, and the LME reported at $2,857 / ton at 15:01 Beijing time for three months, up $32, or 1.
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Shanghai aluminum is weak and volatile in the short term, and the market trading is general
Time of Update: 2022-12-25
On Monday, the Shanghai aluminum shock operation closed the black line, the market trading is general, recently stimulated by the news of the sharp interest rate hike in the periphery, the bearish atm
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Shanghai copper maintained a strong oscillation operation, and the center of gravity shifted slightly upward
Time of Update: 2022-12-25
Shanghai copperDuring the Asian session, London copper rushed back down, and the latest quotation at 15:01 Beijing time was 8107 US dollars / ton, up slightly by 2 US dollars, or 0.
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Weak fundamentals Shanghai aluminum maintained weak operation
Time of Update: 2022-12-25
Shanghai aluminumOn the macro front, US non-farm payrolls added 372,000 in June, far exceeding expectations of 268,000 and slightly below May's 390,000.
Shanghai aluminumOn the macro front, US non-farm payrolls added 372,000 in June, far exceeding expectations of 268,000 and slightly below May's 390,000.
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Intramarket metals fell and Shanghai copper fluctuated down
Time of Update: 2022-12-25
Shanghai copperOn the macro front, the US dollar still maintains a strong pattern, commodities collectively weaken, copper prices are not immune in this process, and also maintain a weak pattern of shocks.
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PVC prices are strong, volatile operation, downstream demand is still sluggish
Time of Update: 2022-12-25
At present, the supply side has started to pick up, the epidemic and power rationing problems have gradually eased, the upstream factory warehouse and social inventory continue to be at a high level, and the overall supply of goods is relatively abundant; Downstream demand is still sluggish, and although the "guaranteed delivery" policy is expected to be good, it has not improved significantly for the time being.
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Shanghai copper diving reversal weak operation still need to pay attention to risk events
Time of Update: 2022-12-25
The market sentiment is bearish, affected by the geopolitical risks in the Asia-Pacific region, which has led to the dominance of disgust, coupled with the lack of solid recovery of the domestic economy and limited support for copper prices, so the Shanghai copper diving reversal is weak.
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The pressure above the rubber is still large, and it is advisable to wait and see for a short time
Time of Update: 2022-12-25
Affected by the epidemic in China, as well as the limited recovery of demand for industrial products in the rainy season and the suppression of the operating rate of tire factories by high temperature weather, the current demand is still biased, resulting in a slight recovery trend in domestic rubber social inventory.
