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The macro atmosphere has improved, and Shanghai copper continues to regain lost ground
Time of Update: 2022-12-24
Shanghai copperIn terms of news, the Omicron strain is still circulating globally, but the market expects the vaccine to be effective against it; In addition, US President Joe Biden may revive his $2 trillion economic agenda, which will heat up market risk sentiment.
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Market risk aversion heats up, and Shanghai copper fluctuates and falls
Time of Update: 2022-12-24
Shanghai copperDuring the Asian session, London copper was weak and volatile, and the latest quotation at 15:01 Beijing time was 10252 US dollars / ton, down 92 US dollars, or 0.
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Market sentiment is good, and aluminum prices are running strongly overall
Time of Update: 2022-12-24
Recently, the epidemic situation in various parts of China has intensified, and the transportation of the industry chain has been affected to a certain extent, and there is no great impact on production at present.
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January 5 Shanghai copper brief commentary
Time of Update: 2022-12-24
Shanghai copperThe US manufacturing PMI data was weak, the market was more worried about the industrial blow of the mutated new crown, and the US index rose to suppress non-ferrous metal prices.
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The fundamentals are gradually weakening PVC short-term or narrow adjustment
Time of Update: 2022-12-24
PVCRecently, the central bank's interest rate cut was positive, coupled with crude oil and coal, PVC futures rebounded, boosting the spot market to rise sharply, reducing the supply of low-priced goods, and shifting the center of gravity.
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The overall strength of rubber and the consolidation pattern were broken
Time of Update: 2022-12-24
Rubber overall strengthened yesterday. The consolidation pattern that lasted for nearly a month was broken, and rubber prices hit a new low for the year. Sluggish downstream demand is putting pressure
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Shanghai aluminum continues to pull back and sort out, and the price center of gravity returns to fundamentals
Time of Update: 2022-12-24
Shanghai aluminumOn the macro front, the Fed's expectation of accelerating policy tightening, market risk aversion heating up, non-ferrous metals collective pressure, and last week's surge in aluminum inventories disturbed market sentiment, Shanghai aluminum showed a pullback, however, the current aluminum fundamentals are still tight.
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Base metals have fallen, and Shanghai copper is running weakly
Time of Update: 2022-12-24
Shanghai copperDuring the Asian session, the London copper shock was weak, and the latest quotation at 15:01 Beijing time was 10261 US dollars / ton, down 73 US dollars, or 0.
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February 7 copper market afternoon review
Time of Update: 2022-12-24
Copper market afternoon commentary: during the Spring Festival, international oil prices continued to rise, and London copper closed up nearly 4%; The good non-farm payrolls data has raised concerns about the Fed's interest rate hike, copper prices have been limited, and Shanghai copper has sorted out at a high level on the first day of the market, and copper is expected to rise slightly.
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February 14 Lun aluminum afternoon review
Time of Update: 2022-12-24
Inflation concerns weighed on US consumer confidence, the next week London aluminum weak shock, the latest closing quotation of 3199 US dollars / ton, closed down 39 US dollars, down 1.
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January 2022 cable raw materials (aluminum) monthly report
Time of Update: 2022-12-24
3. According to data from the General Administration of Customs, the export volume of unwrought aluminum and aluminum products in December 2021 was 563,000 tons, an increase of 10.
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April 6 Copper Market Afternoon Review
Time of Update: 2022-12-24
Eurozone manufacturing PMI final for March was 56.
Eurozone manufacturing PMI final for March was 56.
Eurozone manufacturing PMI final for March was 56.
Eurozone manufacturing PMI final for March was 56.
Eurozone manufacturing PMI final for March was 56.
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April 12 aluminum market morning review
Time of Update: 2022-12-24
Aluminum CityThe morning spot market transaction did not improve significantly, and the downstream receiving improved slightly, but the overall wait-and-see mood of the market was strong.
Aluminum CityThe morning spot market transaction did not improve significantly, and the downstream receiving improved slightly, but the overall wait-and-see mood of the market was strong.
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March 11 aluminum market morning review
Time of Update: 2022-12-24
Shanghai aluminum opened high and low overnight, and the main 2204 contract opened at a maximum of 22100 yuan / ton and closed at 21760 yuan / ton.
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March 23 aluminum market noon review
Time of Update: 2022-12-24
Aluminum CityCommodities generally fell yesterday, and electrolytic aluminum internal and external disks also recorded a slight correction.
Commodities generally fell yesterday, and electrolytic aluminum internal and external disks also recorded a slight correction.
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February 17 Copper Market Morning Review
Time of Update: 2022-12-24
Copper CityOn the macro front, in January 2022, according to the National Bureau of Statistics, national consumer prices increased by 0.
Copper CityOn the macro front, in January 2022, according to the National Bureau of Statistics, national consumer prices increased by 0.
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May 10 London Copper Afternoon Review
Time of Update: 2022-12-24
London copperThe dollar continued to strengthen, the market expected the Fed to actively suppress inflation, triggering a sharp rise in risk aversion, boosting the safe-haven attractiveness of the dollar, the dollar has risen for five consecutive weeks, overnight London copper rushed back down, the latest closing quotation of 9270 US dollars / ton, closed down 118 US dollars, down 1.
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March 14 aluminum market afternoon comment
Time of Update: 2022-12-24
35% overnight; The domestic market supply is relatively sufficient, and the downstream operating rate is relatively limited, but the aluminum price pullback is conducive to the release of consumer demand, and aluminum is expected to fall slightly.
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Weak supply and demand drive in the later period The current rebound of rubber needs to be treated with caution
Time of Update: 2022-12-24
As of March 24, the domestic all-steel tire operating rate was 56.
As of March 24, the domestic all-steel tire operating rate was 56.
As of March 24, the domestic all-steel tire operating rate was 56.
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Shanghai aluminum maintained a high level of volatility and slowed down the pace of rushing high
Time of Update: 2022-12-24
Approaching the Spring Festival, profile companies and recycled alloy companies stopped production and holidays last week, superimposed on last week's aluminum prices continued to maintain high volatility, alloy and cable companies pre-holiday demand continued to weaken, operating rate continued to decline.