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Overseas production cuts superimposed on domestic destocking Shanghai aluminum plate rose sharply
Time of Update: 2022-12-24
Shanghai aluminumIn terms of the market, East China's spot premium narrowed by 20 yuan / ton from yesterday to around 40 yuan / ton for the month, and the center of gravity of spot trading was 21600-21620 yuan / ton, but the downstream fear of heights was obvious, and the receipt of goods retreated.
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Low inventories continue Copper prices maintain a strong volatile pattern
Time of Update: 2022-12-24
Heading into February, copper fundamentals are not very strong, but with higher crude oil prices and energy crunching issues likely to continue to disrupt the market, the resulting rise in inflation expectations may have a positive impact on copper prices, along with the fact of low inventories.
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Copper was weak in London on Friday, pulling back from the upward trend
Time of Update: 2022-12-24
London copper fell during the Asian electronic trading session on Friday, retreating from Thursday's rally. Three-month copper on the London Metal Exchange (LME) was down 0. 3 percent at $10,204. 5 a
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January 21 aluminum market brief commentary
Time of Update: 2022-12-24
With the approach of the Spring Festival, the trend of weak downstream consumption continues to appear, at the same time, domestic social inventories have once again turned to accumulation, although the weekly accumulation is less than 10,000 tons, but also to a certain extent reflects the weakness of the demand side.
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Market concerns about the impact of metal demand are affected by expectations of slowing global economic growth
Time of Update: 2022-12-24
On May 3, London Metal Exchange (LME) copper and aluminum futures both fell to three-month lows on Tuesday, as the demand outlook of China, the top consumer, remained doubtful, and speculation that the Federal Reserve's aggressive interest rate hikes raised concerns that slowing global economic growth would hit metal demand.
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Fundamentals are not performing well Rubber prices remain weak
Time of Update: 2022-12-24
rubberIn terms of fundamentals, the domestic supply side is cut in advance, subject to public health events, and the downstream demand side is poor.
In terms of fundamentals, the domestic supply side is cut in advance, subject to public health events, and the downstream demand side is poor.
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Aluminum prices are weak and volatile, and consumption is weak, and it is not appropriate to chase more
Time of Update: 2022-12-24
Aluminum pricesOverseas, the European energy crisis continues to ferment, and due to the great uncertainty of overseas natural gas supply, production cuts may expand.
Aluminum pricesOverseas, the European energy crisis continues to ferment, and due to the great uncertainty of overseas natural gas supply, production cuts may expand.
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Global low inventory support Copper prices remain strong
Time of Update: 2022-12-24
Copper pricesOn the macro front, the ECB will announce its interest rate decision at 19:45, and ECB President Christine Lagarde will hold a press conference on monetary policy at 20:30 to follow.
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The off-season effect of the market is gradually showing Shanghai aluminum range volatility
Time of Update: 2022-12-24
On Monday, the main 2202 contract of Shanghai aluminum opened at 21035 yuan / ton in early trading, the low of the day was 20945 yuan / ton, and the final close was 21125 yuan / ton, down 105 yuan / t
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April 1 Lun aluminum noon review
Time of Update: 2022-12-24
Lun aluminumThe US dollar rose sharply to hit commodity prices, overnight Lun aluminum fluctuated downward, the latest closing quotation of 3468 US dollars / ton, closed down 79 US dollars, down 2.
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The overall trading atmosphere of the market is generally PVC trading center of gravity has shifted downward
Time of Update: 2022-12-24
PVCIn terms of fundamentals, blue charcoal enterprises in some regions have been lowered, and calcium carbide market quotations have maintained weak operation in the near future, but the price reduction is relatively limited.
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PVC short-term demand is weak The market is more wait-and-see on the first day after the holiday
Time of Update: 2022-12-24
PVCIn terms of crude oil, the US snowstorm and severe cold weather have triggered market concerns about the suspension of production in the Permian Basin, the largest shale oil producing area, and geopolitical tensions have continued, and international oil prices have hit a new high in more than seven years.
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Before the holiday, it is difficult for the price of aluminum to reach a new high
Time of Update: 2022-12-24
This week's Shanghai aluminum performance first rose and then fell, the main force of the session rose above 21800 after a rapid pullback, in the short term at the 22000 mark pressure is still large, as of Friday afternoon close, Shanghai aluminum main 2203 contract closed at 21430, weekly cumulative increase of 1.
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Short-term consumption frustrated, Shanghai aluminum weak shock
Time of Update: 2022-12-24
Shanghai aluminumToday's Lun aluminum is on the strong side, LME three-month Beijing time at 15:01 at 3494 US dollars / ton, up 41 US dollars, or 1.
Today's Lun aluminum is on the strong side, LME three-month Beijing time at 15:01 at 3494 US dollars / ton, up 41 US dollars, or 1.
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Copper prices fluctuate greatly, and downstream enterprises are cautious in purchasing
Time of Update: 2022-12-24
This shows that the current situation of high inflation due to the mismatch between supply and demand is difficult to change in the short term.
This shows that the current situation of high inflation due to the mismatch between supply and demand is difficult to change in the short term.
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April 22 Copper Market Morning Review
Time of Update: 2022-12-24
Copper CityFundamentals, the latest report released by the World Metal Statistics Bureau (WBMS) on Wednesday showed a shortfall of 83,000 tons in the global copper market in January-February 2022, compared with a shortfall of 479,000 tons for the whole of 2021.
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Aluminum market afternoon evaluation on December 23
Time of Update: 2022-12-24
Coal fell slightly yesterday, Lun aluminum opened high and rose to close Changyang, closing at $2822, Shanghai aluminum opened sharply higher overnight, and the shock closed small negative, closing at 20245.
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The short-term trend of aluminum prices is mainly high volatility
Time of Update: 2022-12-24
The domestic epidemic affected the postponement of the consumption season, and the pace of resumption of production accelerated, but the lockdown also had a very significant impact on logistics, with explicit inventories increasing slightly against the season, and aluminum prices fluctuating at a high level in the short term.
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January 24 aluminum market morning review
Time of Update: 2022-12-24
Aluminum CityIn the morning, the spot market trading weakened, downstream receiving decreased, and the holders showed a strong willingness to exchange cash.
Aluminum CityIn the morning, the spot market trading weakened, downstream receiving decreased, and the holders showed a strong willingness to exchange cash.
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January 26 Lun aluminum noon review
Time of Update: 2022-12-24
Lun aluminumOverseas natural gas prices soared, further deepening the expectation of production cuts in overseas aluminum plants, overnight Lun aluminum strong trend, the latest closing quotation of 3095 US dollars / ton, closed up 57 US dollars, or 1.
