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Domestic policy support There is not much space below the aluminum price
Time of Update: 2022-12-25
The current epidemic continues to suppress downstream consumption, although transportation in various places is slowly recovering, but the epidemic situation in East China has not eased, and some enterprises have begun to arrange holidays before May Day, the suppression of downstream consumption still exists, and downstream construction data has not seen a significant recovery.
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June 1 Lun aluminum afternoon review
Time of Update: 2022-12-25
Lun aluminumOil prices and stock markets both weakened, overnight Lun aluminum volatility weakened, the latest closing quotation of 2789 US dollars / ton, closed down 91 US dollars, down 3.
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July 14 London Copper Afternoon Review
Time of Update: 2022-12-25
London copperHigher oil prices and China's favorable policy stimulus, overnight London copper bottomed out and rebounded higher, the latest closing quotation of 7400 US dollars / ton, closed up 106 US dollars, or 1.
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Shanghai copper opens high and downward Market consumption is still facing certain pressure
Time of Update: 2022-12-25
Better than expected economic data from China and the United States boosted market sentiment, copper inventories in London and Shanghai fell one after another, and there was support at the bottom of copper prices, but the futures market weakened within the day, affected by the market waiting for the release of US inflation data in July, and the downstream wait-and-see attitude rose again, and the futures price stopped rising and turned down.
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June 17 aluminum market afternoon comment
Time of Update: 2022-12-25
After a series of sharp declines, Lun Aluminum rebounded sharply after the overnight interest rate hike landed to close in Zhongyang, opening 0.
After a series of sharp declines, Lun Aluminum rebounded sharply after the overnight interest rate hike landed to close in Zhongyang, opening 0.
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May 16 copper market morning review
Time of Update: 2022-12-25
Copper CityOn the macro front, the central bank released the first quarter monetary policy implementation report and said that the next stage is still steady, and will not consider further water release.
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Rubber disc prices are down, and space below is expected to be limited
Time of Update: 2022-12-25
Rubber fundamentals have not changed much, but due to the rise in the price of the previous plate, demand has not been substantially followed, downstream tire operating rate is sluggish, and the situation of high finished product inventory has not been significantly alleviated, the raw material procurement motivation of downstream tire factories is weak.
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July 13 Shanghai copper brief commentary
Time of Update: 2022-12-25
Shanghai copperThe market bet on the US CPI data for June in advance, and copper prices continued to test new lows.
Shanghai copperThe market bet on the US CPI data for June in advance, and copper prices continued to test new lows.
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Rubber plate price rebound, short-term maintenance of strong volatility
Time of Update: 2022-12-25
Short-term domestic futures prices showed a pattern of strong volatility against the background of further recovery in domestic demand and little supply pressure.
Short-term domestic futures prices showed a pattern of strong volatility against the background of further recovery in domestic demand and little supply pressure.
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June 2022 cable raw materials (aluminum) monthly report
Time of Update: 2022-12-25
3. According to the latest data from the General Administration of Customs, in May 2022, China exported 676,600 tons of unwrought aluminum and aluminum products, a year-on-year increase of 54.
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July 4 London Copper Afternoon Review
Time of Update: 2022-12-25
London copperThe dollar continued to strengthen, helped by pessimistic expectations about the global economic outlook, boosted safe-haven demand, the next week London copper weak shock, the latest closing quotation of 8055 US dollars / ton, closed down 183 US dollars, down 2.
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June 27 London Copper Afternoon Review
Time of Update: 2022-12-25
London copperFed interest rate hike expectations weakened, as the market reduced the valuation of interest rates, and fully digested the expectation of a 50 basis point rate hike in August and advanced the timing of the rate cut in response to a possible recession, the next week London copper shock rebounded, the latest closing quotation of 8322 US dollars / ton, slightly closed down 15 US dollars, or 0.
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September 5 aluminum market morning review
Time of Update: 2022-12-25
The aluminum market in the southwest after the production reduction of the large surplus in the year of the contradiction between supply and demand alleviated, the accumulation expectation is reduced, the current Yunnan region is once again facing the threat of power shortage, coupled with the continuation of the European energy crisis, the aluminum market still has supply theme support.
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The copper market picked up driven by the sharp rise in surrounding metals
Time of Update: 2022-12-25
In terms of spot, on September 05, the trading price of Yangtze River spot 1# copper was 60970-61010 yuan / ton, up 420 yuan / ton; Premiums 520-560, up 60 yuan / ton.
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Shanghai aluminum shock stabilized supported by pre-holiday stocking sentiment
Time of Update: 2022-12-25
Shanghai aluminumToday, Lun aluminum rebounded higher, and the LME was quoted at $3,100 / ton at 15:01 Beijing time for three months, up $20, or 0.
Shanghai aluminumToday, Lun aluminum rebounded higher, and the LME was quoted at $3,100 / ton at 15:01 Beijing time for three months, up $20, or 0.
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September 15 copper market morning review
Time of Update: 2022-12-25
Copper CityIn August, the impact of refined copper production restrictions on electricity production reduction was less than expected, domestic smelting enterprises basically came out of power rationing and maintenance in September, copper market inventories continued to be at a historical low, and there was no sign of accumulation, traders were in a strong mood, and spot premiums were at a high level.
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August 17 Copper Market Morning Review
Time of Update: 2022-12-25
Copper CityAccording to SMM research, Zhejiang and Anhui smelters are currently reducing production due to power cuts, which will put pressure on the expected growth of electrolytic copper production in August, in the context of the current low domestic copper inventory, supply disturbances have some support for copper prices, last week's copper stocks increased by 7,043 tons to 41,800 tons.
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August 3 aluminum market noon comment
Time of Update: 2022-12-25
Aluminum CityCrude oil fell slightly overnight, with Lun aluminum falling to close in the shade, opening slightly lower at $2404 today.
Aluminum CityCrude oil fell slightly overnight, with Lun aluminum falling to close in the shade, opening slightly lower at $2404 today.
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The market is uncertain and the short-term fluctuation of Shanghai copper is running
Time of Update: 2022-12-25
Shanghai copperOn the macro front, a series of better-than-expected announcements from the United States, such as the final PMI value of the services industry and the number of factory orders, coupled with the hawkish attitude of Fed officials to the market in recent days, have made the dollar recover for two consecutive days.
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August 8 aluminum market afternoon review
Time of Update: 2022-12-25
Aluminum CityCrude oil rose slightly on Friday, and Lun aluminum rushed back to close Xiaoyang, opening slightly higher at $2423 today.
Crude oil rose slightly on Friday, and Lun aluminum rushed back to close Xiaoyang, opening slightly higher at $2423 today.
