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The probability of aluminum price shock pullback is not too large
Time of Update: 2022-12-29
This week's aluminum price shock pullback, Shanghai aluminum main force fell 1. 59%, London aluminum fell 1. 3%; Macro benefits in the week gradually digested, and the market also returned to rational
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The overall performance of copper prices is weak, and it is still dominated by volatile trends
Time of Update: 2022-12-29
At the beginning of the week, copper prices hovered near the 5-day moving average, and although they once tried to rush up on Wednesday, their performance was relatively weak, failing to touch the high level before 67160 yuan, and then the Fed interest rate meeting put copper prices under obvious pressure, copper prices quickly fell below a number of moving averages, and finally stabilized around 65,000 yuan.
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Shanghai aluminum opens high and goes high, short-term prices are still mainly high and volatile
Time of Update: 2022-12-29
Shanghai aluminumIn the external market, Lun aluminum rose strongly, and the LME reported at 2412 US dollars / ton at 15:01 Beijing time for three months, up 22 US dollars, or 0.
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Weak fundamentals PVC futures price volatility
Time of Update: 2022-12-29
30, PVC futures prices fluctuated; the macro market atmosphere gradually improved; the epidemic prevention policy became stricter; the price of calcium carbide market rose in some areas; the export window was closed; the spot demand was not good, and local profits were shipped.
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Shanghai copper volatility is higher, and it is expected to maintain the pattern of volatility in the short term
Time of Update: 2022-12-29
The US dollar index is weak and volatile, and domestic favorable policies are frequent, but copper prices do not respond much, and next year's long-term processing fee will increase significantly compared with this year, and the future refined copper production is expected to increase.
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Copper prices are volatile and stronger, and there is adjustment pressure in the short term
Time of Update: 2022-12-29
Copper prices strengthened last week, and as of 3 pm on Friday, the main 2301 contract of Shanghai copper closed at 67120, down 1. 33%, or 880 yuan / ton. Copper pricesLast week, the domestic epidemic
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Shanghai copper is running strongly, and the increase has expanded during the day
Time of Update: 2022-12-29
On Wednesday, China announced the most thorough optimization of epidemic prevention and control measures, boosting market sentiment and metal demand prospects, while Glencore Group's cut in copper production forecasts caused supply concerns, coupled with low inventories, Shanghai copper is running strongly, but weak consumption is difficult to change, which will limit copper price gains.
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Shanghai aluminum showed a pullback trend, and the overall trading performance of the market was flat
Time of Update: 2022-12-29
Shanghai aluminumIn the external market, the high level of London aluminum retreated, and the LME reported at 2384 US dollars / ton at 15:01 Beijing time for three months, up 5 US dollars, or 0.
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Rubber prices fluctuate in the short term with the surrounding market atmosphere
Time of Update: 2022-12-29
The recent contradictions in the rubber market are not prominent, and the global supply and demand in the middle line continue to increase, but in the short term, due to the decrease in domestic standard rubber imports, the supply pressure of NR has not been reflected for the time being, at the same time, NR warehouse receipts are low year-on-year and RU warehouse receipts are too few, RU and NR futures prices are still supported.
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Rubber prices continue to fluctuate strongly, and there is still uncertainty in the trend
Time of Update: 2022-12-29
From a fundamental point of view, due to the sluggish demand for tires, the RU non-standard price spread continued to widen, and the inventory continued to accumulate slightly due to the gradual increase in domestic arrivals.
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PVC futures rebound strongly, the height of the rebound remains to be seen
Time of Update: 2022-12-29
As of 11. 24, PVC futures prices rebounded strongly; the minutes of the Fed meeting showed that most officials supported slowing down the pace of interest rate hikes; the State Council issued timely R
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The loose pattern of supply and demand limits the rebound space of rubber prices
Time of Update: 2022-12-29
Opinion: The recent rainfall in the production area continues to lead to strong raw material prices, especially in the domestic Hainan production area.
Opinion: The recent rainfall in the production area continues to lead to strong raw material prices, especially in the domestic Hainan production area.
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Fundamentals have not changed much, and aluminum prices may continue to consolidate around Wanjiu
Time of Update: 2022-12-29
Aluminum pricesOn the supply side, the recent resumption of production in Sichuan and Guangxi has continued to advance, and domestic electrolytic aluminum production capacity has steadily increased.
On the supply side, the recent resumption of production in Sichuan and Guangxi has continued to advance, and domestic electrolytic aluminum production capacity has steadily increased.
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Aluminum prices are weak and running below the 10,000-9 mark
Time of Update: 2022-12-29
The fundamental supply-side disturbance reappeared, aluminum plants reduced production, supply growth slowed down, superimposed arrivals decreased, and electrolytic aluminum social inventories reached a new low.
The fundamental supply-side disturbance reappeared, aluminum plants reduced production, supply growth slowed down, superimposed arrivals decreased, and electrolytic aluminum social inventories reached a new low.
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PVC futures prices are weak and fundamentals remain weak
Time of Update: 2022-12-29
7, PVC futures prices are running weakly; the second domestic RRR reduction released about 500 billion yuan; Taiwan's Formosa Plastics quotation in January 2023 was raised; major cities across the country optimized and adjusted public health prevention and control measures; calcium carbide purchase prices in some areas were reduced; PVC spot prices fell; and downstream procurement prices were high.
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September 19 London Copper Afternoon Review
Time of Update: 2022-12-26
Crude oil prices rose, the next week London copper bottomed out, closed higher, the latest closing quotation of 7810 US dollars / ton, closed up 98 US dollars, or 1.
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Rubber supply and demand drive is weak, and prices continue to run weakly in the later period
Time of Update: 2022-12-26
Rubber prices continue to be weak, and the increase in recession expectations in overseas markets has intensified concerns about continued weakness in domestic tire exports in the later period.
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The bearish sentiment quickly digested and Shanghai copper rose strongly
Time of Update: 2022-12-26
Shanghai copperIn terms of spot, on November 1, the trading price of Yangtze River spot 1# copper was 64480-64520 yuan / ton, up 630 yuan / ton; Premiums 270-310, down 100 yuan / ton.
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The upward pressure on aluminum prices is large, and the risk of falling back before the holiday is still there
Time of Update: 2022-12-26
In the first seven months of this year, global primary aluminum demand was 40.
In the first seven months of this year, global primary aluminum demand was 40.
In the first seven months of this year, global primary aluminum demand was 40.
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Fundamentals have not improved significantly PVC futures have rebounded weakly
Time of Update: 2022-12-26
PVC plant operation maintained normal; calcium carbide prices are relatively stable; Demand has improved modestly; Spot end low-price procurement is acceptable.
PVC plant operation maintained normal; calcium carbide prices are relatively stable; Demand has improved modestly; Spot end low-price procurement is acceptable.
