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There is no significant improvement in fundamentals, and the upward support for aluminum prices is weak
Time of Update: 2022-12-25
Overnight, affected by the time of zinc production reduction caused by European power, although there is no further significant reduction in production in overseas aluminum smelters, as a large electricity user, the trend of aluminum prices is affected by market sentiment, and aluminum prices inside and outside the night market are higher.
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Shanghai copper oscillations rose slightly, and the pattern of weak market supply and demand was obvious
Time of Update: 2022-12-25
Shanghai copperOn the macro front, the dollar index continued to hit new highs yesterday and has now broken through the 103 mark, and the market expects the Fed to be more hawkish than other major central banks.
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Shanghai copper high volatility operation, the overall market transaction is weak
Time of Update: 2022-12-25
Shanghai copperDuring the Asian session, London copper fell at a high level, and the latest quotation at 15:01 Beijing time was 9181 US dollars / ton, down 31 US dollars, or 0.
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June 6 aluminum market noon comment
Time of Update: 2022-12-25
This repeated pledge event will not change the main transaction logic of aluminum prices, and the continuous delocalization of domestic and foreign aluminum inventories is an important aspect to support the price operation, while the consumption replenishment expected by the market also makes it difficult for the price to fall deeply.
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Shanghai aluminum trend low rebound, market transaction atmosphere is not good
Time of Update: 2022-12-25
Today, Thursday, June 2 to Friday, June 3, is a UK Spring Bank Holiday and a Queen's 70th Anniversary (Platinum Jubilee) Bank Holiday, with the London Metal Exchange (LME) closed for two days.
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The short-term supply and demand pattern is warm, and rubber prices continue to rebound
Time of Update: 2022-12-25
NR main closing price 11060 (+210) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1622.
NR main closing price 11060 (+210) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1622.
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The supply side is still putting pressure on aluminum prices, and further upward momentum is insufficient
Time of Update: 2022-12-25
In terms of price, low inventory and marginal cost support below aluminum prices, the recent energy crisis and aluminum plant accidents have stimulated prices, but long-term supply pressure and consumption has not improved to a certain extent on the price rebound height, it is recommended to be short-term neutral treatment, need to pay attention to the impact of macro on market sentiment.
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In the short term, it is difficult for demand to support copper prices to continue to rise
Time of Update: 2022-12-25
Shanghai copperDuring the Asian session, London copper was weak and volatile, and the latest quotation at 15:01 Beijing time was 9363 US dollars / ton, down 72 US dollars, or 0.
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Shanghai copper low opening volatility short-term downside risks
Time of Update: 2022-12-25
Domestic copper concentrate port inventories rose again to 983,000 tons, up 15,000 tons from the previous week, still in a high position, and the supply of the mine end is still loose, the demand in the off-season is not good, downstream buyers and sellers still maintain a cautious trading sentiment, and there are large differences between the two sides, continuing to maintain a deadlock, and copper is expected to continue to fall.
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July 13 aluminum market noon comment
Time of Update: 2022-12-25
Aluminum CityOvernight crude oil fell 8% to a new low, and Lun aluminum fell slightly to a new low, opening slightly higher at $2361 today.
Overnight crude oil fell 8% to a new low, and Lun aluminum fell slightly to a new low, opening slightly higher at $2361 today.
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Market confidence rebounds Shanghai copper temporarily stopped falling and rebounded
Time of Update: 2022-12-25
In terms of stocks, London copper stocks rebounded slightly last week, accumulating an increase of 6,175 tonnes to 133025 tonnes, an increase of 4.
In terms of stocks, London copper stocks rebounded slightly last week, accumulating an increase of 6,175 tonnes to 133025 tonnes, an increase of 4.
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April 29 Copper Market Afternoon Review
Time of Update: 2022-12-25
It is expected that during the Labor Day holiday, the possibility of non-ferrous metal shocks in the external market is high, and it is recommended to do hedging operations and position margin adjustments in advance.
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Brief review of Shanghai copper on August 15
Time of Update: 2022-12-25
Shanghai copperIn line with the previous expectations, during the Fed's interest rate hike window, the macro side gave way to the fundamentals, and copper prices fluctuated greatly due to domestic news.
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May 24 Shanghai aluminum brief comment
Time of Update: 2022-12-25
Shanghai aluminumAt the macro level, the tone of domestic and foreign policies has clearly forked, and domestic easing policies have boosted sentiment in the short term, but it will take time for the recovery of the real economy and the reconstruction of market confidence, while the world is facing the problem of slowing economic growth, and the overall nonferrous sector has been under pressure for a long time.
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Shanghai aluminum short-term shock adjustment However, the medium-term price center of gravity still tends to move downward
Time of Update: 2022-12-25
Shanghai aluminumOverseas energy crisis is severe, last week Glencore said that Europe's energy crisis has posed a major threat to zinc supply, other smelters in Europe have hardly achieved profitability, triggering zinc prices soared, market panic also led aluminum prices to follow the upside, because aluminum production has not been substantially reduced, so after the mood eased, aluminum prices slightly corrected.
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PVC prices continue to fall Most of the market maintains a wait-and-see attitude
Time of Update: 2022-12-25
PVCInternational crude oil futures fell sharply in overnight trading, coupled with the fact that the commodity market continued to perform weakly in the context of the Fed's interest rate hike at the macro level, and the energy and chemical sectors fell sharply during the session.
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Rubber performance is relatively resistant to decline, pay attention to the recovery of domestic demand
Time of Update: 2022-12-25
As of June 23, the domestic all-steel tire operating rate was 59.
As of June 23, the domestic all-steel tire operating rate was 59.
As of June 23, the domestic all-steel tire operating rate was 59.
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Copper prices recover the 60,000 mark short-term or continue high volatility
Time of Update: 2022-12-25
Copper pricesOn the macro front, the minutes of the Fed's June meeting showed that even if the US economy slows, interest rates may still need to remain rising for a longer period of time in case high inflation becomes entrenched.
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Internal metals continued to fall, and Shanghai copper continued to show a lower market
Time of Update: 2022-12-25
Shanghai copperOn the macro front, Fed Chairman Jerome Powell reiterated at a House hearing that the commitment to fight inflation is unconditional.
Shanghai copperOn the macro front, Fed Chairman Jerome Powell reiterated at a House hearing that the commitment to fight inflation is unconditional.
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Metals basically extended their rally, and Shanghai copper maintained a high volatility pattern
Time of Update: 2022-12-25
Overall, the current impact of the epidemic, the weak pattern of supply and demand is obvious, and the continued rise of the US dollar has an adverse impact on copper prices, so the current copper price may remain volatile before the Fed's interest rate decision in May. Today's internal metals basically continued the trend of night trading, most of them rose, and Shanghai copper edged up 0.
