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Base metals closed higher across the board, and the main force of Shanghai copper fluctuated to the upside
Time of Update: 2022-12-25
Shanghai copperOn the macro front, US President Joe Biden met with Federal Reserve Chairman Jerome Powell at the White House, and Biden said that respecting the independence of the Fed, the Fed has the main responsibility for controlling inflation and should use its policy tools to deal with high prices.
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Aluminum price volatility strengthens need to continue to pay attention to downstream consumption
Time of Update: 2022-12-25
Aluminum pricesOverseas, Indonesia plans to ban bauxite and tin exports this year to support mining downstream construction, which has a relatively limited impact on China, and bauxite imports can be replaced by Guinea and Australia.
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The pace of consumption repair is slow, and Shanghai aluminum is weakly falling
Time of Update: 2022-12-25
In terms of demand, Shanghai fully resumed work during the week, downstream consumption in Jiangsu, Zhejiang and Shanghai regions improved, and consumption in Gongyi in the Central Plains was strong, superimposed on the impact of warehousing pledge events, warehouse shipments in various places increased, and inventory decreased significantly.
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The market atmosphere is bearish and aluminum prices are weak and volatile
Time of Update: 2022-12-25
Yesterday's aluminum prices were weak and volatile, the US dollar index consolidated at a high level after breaking through a new high of 105, macro tightening expectations and supply-side increments suppressed aluminum prices rebound, but the low level of aluminum social inventory at home and abroad and the maintenance of destocking supported the bottom of aluminum prices.
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July 1 London Copper Afternoon Review
Time of Update: 2022-12-25
S. stocks recorded the worst performance in the first half of the year, and London copper closed down 2.
S. stocks recorded the worst performance in the first half of the year, and London copper closed down 2.
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Downstream demand is still light, and aluminum prices are under pressure to fall
Time of Update: 2022-12-25
Aluminum pricesStimulated by the news of successive production cuts, the internal and external aluminum prices soared, paying attention to whether the scale of production cuts in the later period will continue to expand, this week the aluminum ingot social library has fallen, which has some support for aluminum prices, but the current demand performance is still not out of the weak pattern, aluminum prices have insufficient momentum.
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The cost side support performance is more resistant to decline, and Shanghai aluminum is strong and volatile
Time of Update: 2022-12-25
Shanghai aluminumToday, Lun aluminum fluctuated sharply up and down, and the LME was reported at $2466 / ton at 15:01 Beijing time for three months, down $2, or 0.
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May 17 aluminum market morning evaluation
Time of Update: 2022-12-25
Aluminum CityThe overall performance of the morning spot market trading was weak, the substantial improvement in consumption was slow, and the downstream bargain hunting was mainly cautious to receive goods.
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Shanghai aluminum is strong and volatile, and the short-term upward pressure is still under pressure
Time of Update: 2022-12-25
Yesterday's aluminum prices were strongly volatile, mainly because an aluminum plant in Yunnan stopped production due to an accident last Friday and the effect of epidemic control gradually appeared, and market sentiment recovered.
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Domestic supply-side pressure still exists Shanghai aluminum rose high or obstructed
Time of Update: 2022-12-25
Aluminum prices are running strongly, mainly affected by the sharp rise in crude oil prices during the holiday period and the gradual easing of the domestic epidemic.
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The US dollar index retraced to the high, and the Shanghai copper trend was strong
Time of Update: 2022-12-25
Overseas supply disturbances are frequent, and domestic and foreign copper inventories are still running at a low level, and spot premiums remain high, coupled with the continuation of spot tightness, which constitutes a strong support for copper prices, and Shanghai copper is strong in the short term.
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Shanghai aluminum is under pressure to maintain a weak shock pattern
Time of Update: 2022-12-25
As of the close of 3 p. m. , the main 2207 contract of Shanghai aluminum closed up at 20765, up 45, or 0. 22%. Aluminum prices stabilized again after opening high and low during the day, and the overa
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The atmosphere of the futures market continues to warm up, and the trend of Shanghai copper is strong
Time of Update: 2022-12-25
Shanghai copperDuring the Asian session, London copper bottomed out, and the latest quotation at 15:01 Beijing time was 8156 US dollars / ton, up 78 US dollars, or 0.
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PVC has a high probability of showing a bottom-range oscillation trend in the short term
Time of Update: 2022-12-25
3, the atmosphere in the PVC spot market today is calm.
3, the atmosphere in the PVC spot market today is calm.
3, the atmosphere in the PVC spot market today is calm.
3, the atmosphere in the PVC spot market today is calm.
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The short-term weak pattern of scrap aluminum remains unchanged
Time of Update: 2022-12-25
Scrap aluminumIn terms of the market, the market continued to decline, merchants generally reported that it was difficult to do business, and some merchants suffered serious losses and chose to stop collecting and wait and see; Due to market conditions and downstream orders, the demand for scrap aluminum raw materials has weakened, and the price pressure is obvious, mainly to consume the original inventory.
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Market demand has not improved, limiting the downside of rubber prices
Time of Update: 2022-12-25
As of June 9, the domestic all-steel tire operating rate was 53.
As of June 9, the domestic all-steel tire operating rate was 53.
As of June 9, the domestic all-steel tire operating rate was 53.
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PVC futures prices rebounded sharply to focus on improving demand
Time of Update: 2022-12-25
PVC supply production continued to decline this week, downstream demand was just stable, local transactions in East and South China improved, and inventories fell slightly.
PVC supply production continued to decline this week, downstream demand was just stable, local transactions in East and South China improved, and inventories fell slightly.
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The PVC futures market continues to show a trend of oscillation bottoming
Time of Update: 2022-12-25
The operating load of the PVC industry decreased slightly, there were more new maintenance enterprises, and the maintenance loss increased, and the overall operating load was 81.
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June 6 Copper Market Afternoon Review
Time of Update: 2022-12-25
US non-farm payrolls sharply exceeded expectations, the probability of consecutive 50/50 basis point rate hikes by the Fed in June/July rose to 90%, which was basically in line with expectations, the US dollar fluctuated sharply, and the LME opened sharply higher today.
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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.
