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Shanghai copper high fell and downstream consumer demand shrank
Time of Update: 2023-02-02
Driven by optimism in the macro atmosphere, the metal is generally stronger, and the disturbance at the end of overseas mines is frequent, while at the same time, the pressure of domestic refined copper supply is limited, and extremely low inventories continue to provide support for the period price, but the spot premium is declining rapidly, the downstream consumer demand is shrinking, and the high level of Shanghai copper is falling, slightly red.
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The macro atmosphere is optimistic and the PVC shock is running strongly
Time of Update: 2023-02-02
21, the main force of PVC closed at 6335 yuan / ton (+0.
21, the main force of PVC closed at 6335 yuan / ton (+0.
21, the main force of PVC closed at 6335 yuan / ton (+0.
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December 27 Lun aluminum noon review
Time of Update: 2023-02-02
Oil prices stock market continued to strengthen, market risk appetite warmed up, Shanghai aluminum opened high in the evening, closed strongly at the end of the day, the latest opening price of the main month 2302 contract was 18725 yuan / ton, up 160 yuan, or 0.
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Market confidence has improved, and rubber has fluctuated to the upside
Time of Update: 2023-02-02
Return to work and return to work Individual enterprises start work and deposit slightly improve space, inventory continues to accumulate, recent months delivery positions and warehouse receipt changes may affect the later market trend, domestic economic activities gradually pick up, market confidence has improved, rubber shock upward.
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Rubber raw material prices are mixed, and it is expected that the downside is limited
Time of Update: 2023-02-02
RU non-standard price difference of 1945 yuan / ton (+100), tobacco chip import profit 23 yuan / ton (+43).
RU non-standard price difference of 1945 yuan / ton (+100), tobacco chip import profit 23 yuan / ton (+43).
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Weighed down by weak demand, Shanghai copper's rally was limited
Time of Update: 2023-02-02
Fundamentally, global copper inventories are at historic lows, domestic refined copper production is less than expected, spot supply is still tight, and the rising water rebounds to a high level, providing short-term support for prices.
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December 2022 cable raw materials (copper) monthly report
Time of Update: 2023-02-02
On the macro front, the Fed's interest rate hike landed, 50 basis points in line with market expectations, and the upper limit of interest rates was raised this round, but due to the slowing trend, the dollar continued to decline this month, but the decline also slowed down, and the impact on copper prices weakened.
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Spot premiums fell at high levels limiting copper price gains
Time of Update: 2023-02-02
Overall, the macro atmosphere is warm, boosting the rise of non-ferrous metals across the board, but the copper market has a state of weak supply and demand, and the spot premium has fallen at a high level, which has involved the rise in copper prices.
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Shanghai copper opens low and goes low, and the center of gravity has shifted slightly down
Time of Update: 2023-02-02
9 percentage points year-on-year, and it is expected that the operating rate of wire and cable enterprises in January 2023 will decline again month-on-month; the actual demand for terminals is significantly weaker, the nonferrous market sentiment is cautious, and the weak reality is difficult to change in the short term, and the accumulation of internal and external inventories, the support margin of inventory to the price weakens, and copper or falls.
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PVC volatility weak operation Fundamentals are not expected well
Time of Update: 2023-02-02
20, the main PVC closed at 6275 yuan / ton (+0.
20, the main PVC closed at 6275 yuan / ton (+0.
20, the main PVC closed at 6275 yuan / ton (+0.
20, the main PVC closed at 6275 yuan / ton (+0.
