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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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January 3 copper market morning review
Time of Update: 2023-02-02
Copper CityAt the macro level, the US interest rate hike expectations have not changed significantly, the economic data is in line with expectations, and the US dollar index is running weakly; Domestically, economic data fell month-on-month in December, and as the impact of the epidemic weakened, the economy is building a bottom and is expected to improve.
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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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Shanghai aluminum opens high and goes low, and the fundamentals do not have a strong driving force for the time being
Time of Update: 2023-02-02
Shanghai aluminumIn the external market, Lun aluminum was strongly volatile, and the LME reported at 2412 US dollars / ton at 15:01 Beijing time for three months, up 17 US dollars, or 0.
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The tight supply of domestic spot market still has some support for aluminum prices
Time of Update: 2023-02-02
According to customs data, domestic net imports of primary aluminum in November were 108,300 tons, down 52.
From January to November, the total domestic net import of primary aluminum reached 345,000 tons, down 76.
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Rubber prices run in range-bound operation
Time of Update: 2023-02-02
This week, Thailand, Vietnam rainfall decreased, rubber tapping season has expectations of increased raw material supply, glue prices have fallen, demand dragged, inventories continue to accumulate slightly, pay attention to the recovery of domestic economic activities in the later period or is expected to bring about a stable rebound of far month contracts.
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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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Weak fundamentals PVC futures price rebound is highly limited
Time of Update: 2023-02-02
5 days, the northern off-season coupled with downstream production enterprises is about to take a holiday, weak fundamentals will inhibit the height of PVC futures price rebound, weak demand expectations are difficult to support the price to continue to rise, short-term must observe the effective decline of inventory; long-term need to pay attention to the implementation of economic and real estate policy packages.
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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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Shanghai rubber continuous pullback is expected to maintain a biased space situation in the short term
Time of Update: 2023-02-02
Shanghai rubberRecently, the operating rate of domestic tire companies has continued to decline year-on-year, and the inventory of finished products is high, and the New Year's Day and Spring Festival are approaching, and the operating rate of enterprises will remain at a low level in the next two months.