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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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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.
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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
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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.
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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.
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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.
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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.
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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.
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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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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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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.
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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.
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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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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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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.
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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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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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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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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.
