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Shanghai copper bottoms out and recovers, and the probability of a deep price fall is unlikely
Time of Update: 2023-02-02
Shanghai copperDuring the Asian session, London copper bottomed out, and the latest quotation at 15:01 Beijing time was 8302 US dollars / ton, up 22 US dollars, or 0.
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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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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 center of gravity of Shanghai copper continues to shift downward and may continue to fall in the short term
Time of Update: 2023-02-02
Shanghai copperCopper prices fell sharply and fell lower during the day, but at present, downstream consumption is still weak, the sentiment of taking goods is not good, the market is mostly cautious and wait-and-see, and intraday procurement demand is limited; Holders weakened their sentiment and gradually lowered their premium shipments.
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PVC prices are still supported and prices are expected to be volatile
Time of Update: 2023-02-02
However, the support expected by the market remained, resulting in spot price quotations remaining firm.
However, the support expected by the market remained, resulting in spot price quotations remaining firm.
However, the support expected by the market remained, resulting in spot price quotations remaining firm.
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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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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.
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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 aluminum volatility is strong, off-season demand suppresses upside
Time of Update: 2023-02-02
Shanghai aluminumToday's London aluminum high in a narrow range, LME three-month Beijing time at 15:01 at 2388 US dollars / ton, up 17 US dollars, or 0.
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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).
