-
Rubber prices are relatively resistant to decline, it is recommended to wait and see for the time being
Time of Update: 2022-12-25
This week's rubber prices are relatively resistant, mainly because the absolute price has been in a low position, and the non-standard price spread continues to narrow, and the power of short arbitrage on the plate has weakened significantly.
-
Consumption elasticity has not yet shown short-term Shanghai aluminum or narrow range shock
Time of Update: 2022-12-25
Shanghai aluminumToday, Lun aluminum straight down lower, LME three-month Beijing time at 15:01 at 2440 US dollars / ton, down 23 US dollars, or 0.
Shanghai aluminumToday, Lun aluminum straight down lower, LME three-month Beijing time at 15:01 at 2440 US dollars / ton, down 23 US dollars, or 0.
-
August 19 Copper Market Morning Review
Time of Update: 2022-12-25
Overnight, copper bottomed out, and Shanghai copper and international copper followed higher.
Overnight, copper bottomed out, and Shanghai copper and international copper followed higher.
Overnight, copper bottomed out, and Shanghai copper and international copper followed higher.
-
June 6 Lun aluminum afternoon commentary
Time of Update: 2022-12-25
Lun aluminumJune 3 to June 5 three days coincided with the Dragon Boat Festival holiday, the last period of the closed market no night trading, today resumed trading, as of 9:00 Beijing time Shanghai aluminum main contract 2207 gap high, the latest quotation 20990 yuan / ton, up 570 yuan, an increase of 2.
-
Downstream consumption performance is insufficient to contain the upside of aluminum prices
Time of Update: 2022-12-25
Today's Shanghai aluminum open high, intraday trend is high, the European energy crisis under the major aluminum companies facing a survival crisis, aluminum supply concerns intensified, superimposed on the domestic Yunnan region will face power restrictions and production restrictions, further support aluminum prices, but demand still has not improved, continue to contain the upward driving force of aluminum prices, short-term Shanghai aluminum shock operation.
-
The center of gravity of the PVC market has shifted downward, and trading is relatively flat
Time of Update: 2022-12-25
At present, futures prices are falling, the spot market is down, market trading is relatively flat, downstream demand continues to maintain rigid demand, the wait-and-see attitude is obvious, coupled with the weakening of exports, suppressing the domestic atmosphere, the focus of the PVC market has shifted downward.
-
July 26 aluminum market morning review
Time of Update: 2022-12-25
Aluminum CityThe overall transaction of the spot market in the morning was acceptable in the early stage, and it turned weak in the later stage, the arrival of goods in the East China market increased, the downstream on-demand procurement was the mainstay, and the holders lowered their quotations in the later period to promote shipments.
-
Copper prices oversold and rebounded in the later period is still dominated by pressure operation
Time of Update: 2022-12-25
In terms of consumption, due to the continuous decline in copper prices, the enthusiasm of some downstream enterprises to purchase has rebounded slightly, and the market premium quotation has also risen, but the improvement in demand is not very significant.
-
Fundamentals have not changed much, PVC lacks upward drive
Time of Update: 2022-12-25
27, the main PVC closed at 6565 yuan / ton (+0.
27, the main PVC closed at 6565 yuan / ton (+0.
27, the main PVC closed at 6565 yuan / ton (+0.
27, the main PVC closed at 6565 yuan / ton (+0.
-
The center of gravity of Shanghai aluminum also continues to move upward, and it is not advisable to be overly optimistic
Time of Update: 2022-12-25
This Monday coincides with the Mid-Autumn Festival holiday holiday, Tuesday normal operation, energy crisis topic hype is still continuing, Shanghai aluminum rally is still expected to continue, next
-
August 22 aluminum market morning review
Time of Update: 2022-12-25
Aluminum CityThe morning spot market East China and South China show differences, East China market transaction is acceptable, downstream weekend stocking, holders slightly high price selling, Shanghai mainstream transaction price is around 18410 yuan / ton, compared with futures discount of about 10.
-
May 12 London Afternoon Review
Time of Update: 2022-12-25
London copperUkraine interrupted one-third of Russian gas transmission, supply concerns helped oil prices soar 6%, overnight metal stopped falling and stabilized, London copper shock finishing closed in the sun, the latest closing quotation of 9282 US dollars / ton, slightly up 7 US dollars, or 0.
-
Rubber plate prices continued their downward trend
Time of Update: 2022-12-25
Further weakening of demand expectations has led to an early return of RU front-month contracts, which have been discounted to the full latex spot price and also discounted to the mixed rubber.
-
The spot market performance is stable, and the short-term Shanghai aluminum shock is weak
Time of Update: 2022-12-25
Shanghai aluminumDutch aluminium mill Aldel halted Delfzijl's 110,000 tonnes of primary aluminum production in October last year due to high energy prices and a lack of government support, halting remaining production, but continuing to produce 50,000 tonnes of recycled aluminum.
-
Weak fundamentals cannot support the strengthening of aluminum prices in the short term
Time of Update: 2022-12-25
Today's Shanghai aluminum main month 2208 contract, opening 18045 yuan / ton, the highest intraday 18195 yuan / ton, the lowest 17805 yuan / ton, settlement 17890 yuan / ton, the end closed at 17945 yuan / ton, up 55 yuan, or 0.
-
Aluminum prices continue to be strong Pay attention to the impact of macro aspects on market sentiment
Time of Update: 2022-12-25
Overseas, according to Hydro's official website on August 17, Hydro will shut down primary aluminum production at the Slovalco aluminum plant in Slovakia, which is scheduled to be completed by the end of September.
-
June 14 London Copper Afternoon Review
Time of Update: 2022-12-25
London copperThe market expects high inflation to prompt the Fed to accelerate or aggressively raise interest rates, this week is likely to raise interest rates by 50 basis points, and even some institutions expect a 75 basis point rate hike, which helped the dollar climb sharply on Monday, once hitting a new high since 2002 to 105.
-
June 27 Copper Market Afternoon Review
Time of Update: 2022-12-25
Copper CityIn the United States, the final value of the University of Michigan consumer confidence index in June deteriorated to 50.
Copper CityIn the United States, the final value of the University of Michigan consumer confidence index in June deteriorated to 50.
-
Shanghai aluminum afternoon review on September 9
Time of Update: 2022-12-25
In terms of news, Fed Mester said that the risk of recession in the United States has increased, the economy has slowed sharply, and macro sentiment is bearish.
-
August 25 aluminum market morning review
Time of Update: 2022-12-25
Aluminum CityIn the morning, the spot market trading turned weak, the price rose, the downstream procurement strength weakened, and the trading between traders was acceptable, but the circulation was abundant, and there were more discounted transactions.