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Shanghai copper trend is strong, the overall trading atmosphere of the market is light
Time of Update: 2022-12-24
Shanghai copperDuring the Asian session, London copper rebounded, and the latest quotation at 15:01 Beijing time was 9859 US dollars / ton, up 13 US dollars, or 0.
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Copper prices may have a pullback in the short term, and the market wait-and-see sentiment is strong
Time of Update: 2022-12-24
Copper pricesOn the macro front, overseas, the US CPI continued to explode in January, hitting a 40-year high, and the probability of a 50 basis point rate hike at the Fed's interest rate meeting rose again, which also offset the previous actions of Fed officials to calm the market, and market risk appetite may be suppressed.
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Shanghai aluminum bottomed out and rebounded, and the overall high level of strong shock operation
Time of Update: 2022-12-24
Shanghai aluminumIn terms of external trading, the LME will be closed from April 15 (Friday) to April 18 (Monday) due to Good Friday, April 15, 2022 and Easter Day on April 18, 2022.
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Risk aversion heats up, copper prices are expected to fall first and then stabilize in the short term
Time of Update: 2022-12-24
Europe and the United States expanded sanctions against Russia, and the tension between Russia and Ukraine drove the market risk aversion to heat up again, and under the pressure of macro surfaces, the short-term is expected to decline first and then stabilize.
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April 22 London Copper Afternoon Review
Time of Update: 2022-12-24
London copperOvernight London copper fluctuated strongly, the latest closing quotation of 10298 US dollars / ton, closed up 53 US dollars, down 0.
Overnight London copper fluctuated strongly, the latest closing quotation of 10298 US dollars / ton, closed up 53 US dollars, down 0.
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Aluminum prices still have the potential to hedge upwards and need to be vigilant against market fluctuations in the later stage
Time of Update: 2022-12-24
Aluminum pricesIn terms of news, the National Development and Reform Commission recently held a meeting to arrange for the deployment to continue to stabilize coal market prices, and interviewed and reminded some enterprises with inflated coal prices found by monitoring, requiring urgent verification and rectification.
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Bullish sentiment cooled Shanghai aluminum market weakened intraday
Time of Update: 2022-12-24
Although the accumulation is not as expected, from the spot point of view, after the aluminum price soared rapidly above 23,000 yuan / ton in the short term, the downstream fear of heights reappeared.
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Downstream consumption is expected to be good, and Shanghai aluminum maintains a high level of volatility in the short term
Time of Update: 2022-12-24
Shanghai aluminumOverseas, Federal Reserve Chairman Powell, European Central Bank President Christine Lagarde, Bank of England Governor Bailey and others participated in a panel discussion on the global economy held by the IMF.
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February 15 copper market morning review
Time of Update: 2022-12-24
Copper CityAt the macro level, the situation in Russia and Ukraine affects market sentiment; US inflation data exceeded expectations, expectations of interest rate hikes increased sharply, and the dollar index rebounded; Energy prices such as crude oil rose sharply, and inflation expectations increased; Domestic wide credit is verified by data.
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Rubber output tends to increase, and the rate of inventory decline slows down
Time of Update: 2022-12-24
Weather in rubber producing areas: In the next two weeks, the rainfall in southern Thailand is moderately low, and local light rain will have little impact on rubber tapping, and the trend of raw material output will increase.
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Shanghai copper trend volatility The impact of the market off-season persists
Time of Update: 2022-12-24
The average price of LME copper in the first four trading days was 9806 US dollars / ton, down 52.
The average price of LME copper in the first four trading days was 9806 US dollars / ton, down 52.
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Shanghai aluminum rebounded by vibration and rebounded to accumulate stock expectations may limit the increase
Time of Update: 2022-12-24
Today's Lun aluminum fluctuated at a low level, and the LME was reported at $3,078 / ton at 15:01 Beijing time for three months, down $22, or 0.
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March 18 aluminum market morning review
Time of Update: 2022-12-24
Aluminum CityIn the morning, the overall transaction volume of the spot market weakened slightly, and the performance of the East China market was not good, and the downstream purchased at a lower price.
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Domestic demand is still weak PVC is generally not strong
Time of Update: 2022-12-24
On the whole, the PVC supply side postponed maintenance due to factors such as good profits, and the supply continued to be loose; On the demand side, domestic demand is still weak, and exports are seasonally weak; The near-term market quickly switches between reality and expectations.
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Market demand is less than expected Rubber prices are still under pressure
Time of Update: 2022-12-24
rubberOn the 10th, the main closing price of NR was 12015 (+105) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1852.
On the 10th, the main closing price of NR was 12015 (+105) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1852.
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Aluminum prices fell back after rising shocks, and the overall fluctuation was large
Time of Update: 2022-12-24
Overseas, under the Russian-Ukrainian conflict, Rusal's exports and transportation may be blocked, coupled with European energy prices continue to rise, European electrolytic aluminum production reduction concerns continue to heat up.
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April 20 Shanghai aluminum noon review
Time of Update: 2022-12-24
Shanghai aluminumOn the macro front, the domestic epidemic situation improved, while the economic data of the Statistics Bureau in March exceeded expectations, boosting market confidence.
Shanghai aluminumOn the macro front, the domestic epidemic situation improved, while the economic data of the Statistics Bureau in March exceeded expectations, boosting market confidence.
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The market demand side is light Shanghai copper is expected to continue to fluctuate at a high level
Time of Update: 2022-12-24
Shanghai copperOn the macro front, the probability of the Fed raising interest rates in March continues to increase, and Powell also said that he does not rule out the possibility of raising interest rates at every meeting, and will start reducing the balance sheet at an appropriate time after the rate hike.
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Shanghai copper trend volatility closed down, demand at the end of the year may fall
Time of Update: 2022-12-24
Shanghai copperDuring the Asian session, the LME was interrupted due to power outages, and after returning to normal, the trend of London copper was strong, and the latest quotation at 15:01 Beijing time was 9637 US dollars / ton, up 72 US dollars, or 0.
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Shanghai aluminum runs strongly, and the favorable subsides or gradually declines
Time of Update: 2022-12-24
Last week, Shanghai aluminum showed a trend of first suppressing and then rising, the main force broke through the 21000 mark during the session, the highest reached 21405 yuan / ton, as of Friday aft
