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In the afternoon, the market of Shanghai copper turned good, and the trend was strong and volatile
Time of Update: 2022-12-25
Today's Shanghai copper high open volatility, the afternoon market turned good, strong volatility, the main month 2210 contract opened at 60890 yuan / ton, the highest intraday 61360 yuan / ton, the lowest 60490 yuan / ton, settlement 60970 yuan / ton, close 61150 yuan / ton, up 180 yuan, or 0.
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Shanghai copper turned green and fell slightly, and market sentiment remained relatively cautious
Time of Update: 2022-12-25
Shanghai copperOn the macro side, the current market expectation that the Nord Stream natural gas pipeline will reduce supply is still fermenting, and for copper varieties, it has a greater impact on the demand side, so it is relatively unfavorable for prices.
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May 18 London Copper Afternoon Review
Time of Update: 2022-12-25
London copperThe US dollar continued to fall to a new low in more than a week, mainly because the rise in market risk appetite weakened the attractiveness of the US dollar, overnight London copper volatility was strong, the latest closing quotation of 9336 US dollars / ton, closed up 46 US dollars, or 0.
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May 31 Lun aluminum afternoon review
Time of Update: 2022-12-25
Lun aluminumThe dollar fell continuously, hitting a new low since April 26, the improvement of risk appetite in the global market weighed on the safe-haven demand for the dollar, boosting industrial metal prices, overnight London aluminum ran strongly, the latest closing quotation of 2880 US dollars / ton, closed up 11 US dollars, or 0.
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PVC futures fell back to adjust the market wait-and-see
Time of Update: 2022-12-25
On the demand side of PVC, due to poor real estate data and the expected impact in South China, it is difficult to see a significant increase in the start load in the short term, and the downstream is cautious and wait-and-see, the enthusiasm for chasing up is not high, the transaction is general, and the fundamentals are relatively weak.
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Fundamentals: supply and demand are weak, and aluminum prices continue to fluctuate
Time of Update: 2022-12-25
In terms of the market, the Shanghai market on Monday electrolytic aluminum to Shanghai aluminum 2209 contract reported a discount of 50-10 yuan / ton; The electrolytic aluminum in the central China market reported a discount of 180-140 yuan / ton to the Shanghai aluminum 2209 contract; Guangdong market electrolytic aluminum to Shanghai aluminum 2209 contract reported a discount of 220-180 yuan / ton.
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June 15 Lun aluminum afternoon review
Time of Update: 2022-12-25
Lun aluminumThe market's expectations for the Fed's interest rate hike strengthened, and the expectation of a 75 basis point rate hike this week has begun to pull up the pressure on industrial metals, and the overnight aluminum shock weakened, the latest closing quotation of 2558 US dollars / ton, closed down 79 US dollars, down 3.
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Shanghai copper trend is strong, the overall trading performance of the market is average
Time of Update: 2022-12-25
Shanghai copperIn terms of spot, on July 28, the average price of spot 1# copper in the Yangtze River was 60120-60160 yuan / ton, up 1370 yuan / ton; Liter 440-Liter 480, down 110 yuan.
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Shanghai aluminum afternoon comment on May 18
Time of Update: 2022-12-25
Shanghai aluminumIn terms of fundamentals, SMM stocks on the 16th reported 984,000 tons, down 19,000 tons from last Thursday; during the same period, the steel union statistics aluminum rod inventory was 156,000 tons, down 05,000 tons from last Thursday; in April 2022, China exported 596,800 tons of unwrought aluminum and aluminum products; the cumulative export from January to April was 2.
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Market sentiment turned pessimistic again, and Shanghai aluminum gaped low to open downward
Time of Update: 2022-12-25
Shanghai aluminumThe latest economic data released in the United States is not good, and yesterday after the Fed raised interest rates by 75bps, major central banks also began to raise interest rates in a big way, this approach to inflation caused the market to worry about global economic growth, triggered the stock market sell-off, overnight the three major stock indexes of U.
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August 29 London Copper Afternoon Review
Time of Update: 2022-12-25
London copperThe Fed maintained a hawkish tone, and Chairman Powell made it clear that continued tightening is the path to curb inflation, and the next week London copper fluctuated downward, the latest closing quotation of 8129 US dollars / ton, closed down 14 US dollars, or 0.
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Shanghai copper opens low and runs weakly, and the market wait-and-see mood is still strong
Time of Update: 2022-12-25
During the Asian session, London copper rushed up at a low level, and the latest quotation at 15:01 Beijing time was 9252 US dollars / ton, up 71 US dollars, or 0.
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PVC futures prices continue to fall, and the market wait-and-see attitude is obvious
Time of Update: 2022-12-25
96 percentage points from the previous month; of which the calcium carbide PVC operating load was 76.
96 percentage points from the previous month; of which the calcium carbide PVC operating load was 76.
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September 7 copper market morning review
Time of Update: 2022-12-25
At present, global copper stocks are at a low level, LME copper premiums are higher, and domestic copper spot premiums are also at a high level, with copper stocks increasing by 2,579 tons to 37,000 tons last week.
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August 5 aluminum market noon evaluation
Time of Update: 2022-12-25
Aluminum CityCrude oil fell sharply again overnight, and Lun aluminum bottomed out to close Xiaoyang, opening slightly higher at $2408 today.
Aluminum CityCrude oil fell sharply again overnight, and Lun aluminum bottomed out to close Xiaoyang, opening slightly higher at $2408 today.
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Shanghai copper runs at a high level during the day, and the overall trading of the market is light
Time of Update: 2022-12-25
Today's futures market atmosphere is good, nonferrous metals collective rise, coupled with the sharp decline in Shanghai copper inventories, the lowest since the middle of January, and power curtailment disturbances continue to affect copper supply, short-term spot is tight, copper prices are difficult to fall deeply.
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Aluminum prices are still subject to supply pressure and open shock mode in the short term
Time of Update: 2022-12-25
Overseas, Russia's natural gas supply problems to Europe still exist, and it is necessary to pay attention to whether the subsequent European aluminum plants will be affected by energy problems again.
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The rebound of rubber prices is more obvious, mainly short-term temporary wait-and-see
Time of Update: 2022-12-25
Therefore, the futures market showed a rebound pattern of reducing positions, RU accompanied by the reduction of net short positions, short-term short pressure slightly slowed down, but RU non-standard price spread also gradually expanded, paying attention to the new pressure brought by industrial arbitrage in the later period.
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Shanghai copper fluctuated up and down and closed slightly green
Time of Update: 2022-12-25
Shanghai copperDuring the Asian session, London copper fluctuated in a narrow range to the downside, and the latest quotation at 15:01 Beijing time was 8365 US dollars / ton, down 44 US dollars, or 0.
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Aluminum prices are weak and volatile in the short term, and they are treated with a wait-and-see approach
Time of Update: 2022-12-25
Aluminum pricesOvernight, the Fed raised interest rates by 75bp as scheduled, its biggest single strength since 1994, and said it would continue to aggressively tighten monetary policy to control inflation.
