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April 8 copper market morning review
Time of Update: 2022-12-24
Copper CityAt the macro level, geopolitical events in Russia and Ukraine have been repeated; The high-frequency data of the domestic economy is weaker than expected, and the national measures to stabilize growth are on the line; Fed minutes are hawkish.
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Market fundamentals are relatively stable Shanghai aluminum is expected to fluctuate at a high level
Time of Update: 2022-12-24
Shanghai aluminumIn terms of news, according to customs data, the import volume of unwrought aluminum alloy in November 2021 was 119,500 tons, an increase of 22% year-on-year and 1.
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PVC prices fluctuated back down to extend the range trend
Time of Update: 2022-12-24
PVCGlobal PVC supply is good, domestic exports are weak, fundamental expectations are weak, and futures are under greater pressure under the state of premium.
Global PVC supply is good, domestic exports are weak, fundamental expectations are weak, and futures are under greater pressure under the state of premium.
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Aluminum market consumption is less than expected, and the trend of Shanghai aluminum is weak
Time of Update: 2022-12-24
Yesterday's aluminum prices came under pressure to the downside, mainly because many downstream aluminum processing enterprises were forced to stop production due to the impact of the epidemic, and domestic aluminum consumption was less than expected.
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Market sentiment has reached an inflection point PVC has fallen back
Time of Update: 2022-12-24
From the perspective of PVC demand, according to relevant data, most of the current downstream factories have not yet started, PVC rigid demand has not yet recovered, in comparison, mostly post-holiday production stocks, so the actual transaction volume of spot is limited, and there is still resistance to high-priced source transactions.
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March 1 Copper Market Afternoon Review
Time of Update: 2022-12-24
S. stocks fell sharply, and copper closed stable under pressure overnight; Chile's copper production fell in January, global supply tensions have not eased, domestic smelting and processing fees continue to rise, downstream consumption is general, and copper is expected to fall slightly today.
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Non-ferrous metals generally pulled back Shanghai copper opened high and went low
Time of Update: 2022-12-24
Shanghai copperAt the macro level, the US non-farm payrolls data was unexpectedly strong, recording the largest increase in three months, which strengthened the market's expectations of a hawkish Fed rate hike.
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Shanghai copper gave up some of the gains accumulated or limited the space above the price
Time of Update: 2022-12-24
Shanghai copperOn the macro front, China's January financial data performed brightly, and the downward pressure on the economy eased.
Shanghai copperOn the macro front, China's January financial data performed brightly, and the downward pressure on the economy eased.
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The recent performance of Shanghai rubber is generally weak, and the market has no momentum to recover
Time of Update: 2022-12-24
Recently, the performance of Shanghai rubber is generally weak, continue to maintain the bottoming out in the context of the low production season, affected by the pre-holiday energy pullback, Shangha
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It is difficult for copper prices to continue to rise, pay attention to the pullback pressure
Time of Update: 2022-12-24
Copper pricesOn the macro front, the European Central Bank announced its interest rate decision, keeping the three key interest rates unchanged; Confirmed that the net purchase of the asset purchase program will be closed in the third quarter.
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Raw material prices continued to rise, and Shanghai rubber rebounded
Time of Update: 2022-12-24
At present, the domestic production area is in the period of suspension, and it is reported that the phenological conditions in the Yunnan production area are normal and there are no diseases and pests, and it is expected to start cutting in late March, earlier than last year; Thailand's rubber tapping season is coming to an end, and the continued rise in raw material prices will support rubber prices.
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Aluminum prices are strong and volatile, pay attention to the seasonal recovery of demand
Time of Update: 2022-12-24
Yesterday's aluminum prices fluctuated strongly during the day, and the night opening fell slightly, and it is necessary to pay attention to the overseas situation and changes in domestic social inventory.
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Shanghai copper weak operation Prices continue to weaken
Time of Update: 2022-12-24
At present, the domestic post-holiday consumption situation is not good and the accumulation exceeds expectations, the high copper price inhibits the enthusiasm of downstream consumption, superimposed on the weak atmosphere is difficult to change, consumption has no bright spots, and copper is expected to fall.
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Weak fundamentals PVC spot does not have a basis for a big rise
Time of Update: 2022-12-24
The atmosphere of the PVC market is calm, the futures are mainly volatile, the spot part of the transaction is improved, and the price of the mainstream market in various places has not changed much.
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Shanghai copper volatility is weak, low inventory support still exists
Time of Update: 2022-12-24
Shanghai copperDuring the Asian session, London copper fell and ran, and the latest quotation at 15:01 Beijing time was 9608 US dollars / ton, down 147 US dollars, or 1.
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April 7 Lun aluminum afternoon commentary
Time of Update: 2022-12-24
Oil prices hit commodity prices hard, overnight Lun aluminum shock fell, the latest closing quotation of 3432 US dollars / ton, closed down 23 US dollars, down 0.
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Shanghai copper is running strongly, and the market transaction is relatively light
Time of Update: 2022-12-24
Shanghai copperDuring the Asian session, London copper fluctuated strongly, and the latest quotation at 15:01 Beijing time was 9500 US dollars / ton, up 40 US dollars, or 0.
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March 28 aluminum market morning review
Time of Update: 2022-12-24
Aluminum CityIn the morning, spot market trading improved, downstream bargain hunting replenishment, holders quoted relatively firmly, traders performed less positively.
Aluminum CityIn the morning, spot market trading improved, downstream bargain hunting replenishment, holders quoted relatively firmly, traders performed less positively.
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The demand side is expected to pick up PVC prices later or rebound
Time of Update: 2022-12-24
Despite the disruption of the pandemic; However, with macro support and the housing market picking up, the PVC futures market is expected to launch a medium-level rebound in volatility.
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February 9 Lun aluminum noon comment
Time of Update: 2022-12-24
stocks rose sharply to boost market sentiment, overnight London aluminum ran strongly, the latest closing quotation of 3188 US dollars / ton, closed up 54 US dollars, or 1.
