-
Aluminum prices are still under pressure in the short term, and the wait-and-see approach is treated
Time of Update: 2022-12-25
On the macro front, the current is the low point of market sentiment, and it is expected to experience some recovery in economic activity in the later period.
-
The fundamentals are weak, and the situation will not change, and Shanghai aluminum is under pressure to weaken
Time of Update: 2022-12-25
Weak demand is still one of the main factors affecting the weakening of aluminum prices, poor real estate data drags down market confidence, the effectiveness of the "guaranteed delivery" policy remains to be seen, short-term demand performance is difficult to improve, and aluminum ingot social library continues to accumulate, an increase of 5,000 tons from last Thursday.
-
The short-term weak pattern of scrap aluminum remains unchanged
Time of Update: 2022-12-25
Scrap aluminumIn terms of the market, the market continued to decline, merchants generally reported that it was difficult to do business, and some merchants suffered serious losses and chose to stop collecting and wait and see; Due to market conditions and downstream orders, the demand for scrap aluminum raw materials has weakened, and the price pressure is obvious, mainly to consume the original inventory.
-
June 10 Shanghai aluminum afternoon comment
Time of Update: 2022-12-25
"Shanghai aluminumForeign demand is expected to be poor, but LME aluminum inventories hit a 21-year low, and support is strong.
"Shanghai aluminumForeign demand is expected to be poor, but LME aluminum inventories hit a 21-year low, and support is strong.
-
Both internal and external inventories are declining, and the support is strengthened below Shanghai copper
Time of Update: 2022-12-25
04%, the US July non-farm data exceeded expectations, boosting the dollar upward, but copper reflected this flat, intraday market atmosphere is warm, superimposed internal and external inventories are declining, copper prices below the support strengthened.
-
The market is strong in risk aversion, and the trend of copper is weak
Time of Update: 2022-12-25
In view of the sustained impact of macro bearishness, the bearish outlook is maintained in the third quarter, and the main medium-term support level of Shanghai copper needs to pay attention to the 68,000 mark.
-
July 4 Lun aluminum noon review
Time of Update: 2022-12-25
Oil prices rose, mainly due to the supply disruption in Libya and the expected shutdown of Norway, the next week London aluminum bottomed out and rebounded, the latest closing quotation of 2469 US dollars / ton, closed up 25 US dollars, or 1.
-
Market confidence is not enough, scrap aluminum or steady decline
Time of Update: 2022-12-25
This week's aluminum ingot fell sharply, scrap aluminum prices followed down, the decline was mostly between 100-200 yuan, the current East China aluminum alloy spraying old material mainstream around
-
July 11 aluminum market noon review
Time of Update: 2022-12-25
Aluminum CityCrude oil rose sharply on Friday, and Lun aluminum bottomed out and fell slightly, opening slightly lower at $2434 today.
Aluminum CityCrude oil rose sharply on Friday, and Lun aluminum bottomed out and fell slightly, opening slightly lower at $2434 today.
-
July 21 London Copper afternoon review
Time of Update: 2022-12-25
stocks continued to rise, investors' risk appetite heated up, overnight London copper shock consolidation closed positive, the latest closing quotation of 7331 US dollars / ton, closed up 33 US dollars, or 0.
-
Suppressed by the empty atmosphere, rubber continued to fluctuate and weakened the market
Time of Update: 2022-12-25
Since June, the epidemic has finally improved, demand is in a weak recovery state, demand margin recovery in July and August, car sales gradually increased, showing a year-on-year growth, month-on-month decline.
-
PVC has a high probability of showing a bottom-range oscillation trend in the short term
Time of Update: 2022-12-25
3, the atmosphere in the PVC spot market today is calm.
3, the atmosphere in the PVC spot market today is calm.
3, the atmosphere in the PVC spot market today is calm.
3, the atmosphere in the PVC spot market today is calm.
-
Shanghai rubber prices hit a new low this year, and there is a high possibility of continued volatility
Time of Update: 2022-12-25
Shanghai rubberOn the macro front, in early to mid-July, the international crude oil trend showed a W shape, and the current price is comparable to the price at the beginning of this month.
-
Demand reality is relatively weak Copper price center of gravity may have downside risks
Time of Update: 2022-12-25
Last week, copper prices hovered at a nearly one-month high, the main Shanghai copper opened high after the holiday, and then ran at 7. 23-73,000, as of 3 pm on Friday, the main 2207 contract closed a
-
Weaker-than-expected demand recovery Shanghai copper continues its weak trend
Time of Update: 2022-12-25
Shanghai copperDuring the Asian session, London copper opened low and fluctuated downward, and the latest quotation at 15:01 Beijing time was 9281 US dollars / ton, down 107 US dollars, or 1.
-
July 5 London Copper Afternoon Review
Time of Update: 2022-12-25
The surge in LME copper inventories attracted a sell-off, and overnight copper fluctuated to the bottom, with the latest closing quotation of $7970 / ton, closing down $85, or 1.
-
Macro pressure is increasing unabated, and short-term Shanghai copper shocks have fallen
Time of Update: 2022-12-25
Shanghai copperOn the macro front, the preliminary manufacturing PMI values in Europe and the United States fell more than expected in June, indicating that the demand for industrial products contracted significantly in June, exacerbating the market's concerns about the economic downturn.
-
Supported by the continued decline in inventories, aluminum prices are expected to remain volatile
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. 5% higher at $2628 today. Shanghai aluminum opened high
-
July 13 copper market noon review
Time of Update: 2022-12-25
Shanghai copper opened low and fell to close at 55870 overnight, and may open a new low with the external market today.
Shanghai copper opened low and fell to close at 55870 overnight, and may open a new low with the external market today.
-
Actual demand is still slightly weak, and Shanghai copper is running weakly
Time of Update: 2022-12-25
Shanghai copperOn the macro front, the Fed's June resolution statement took the most aggressive rate hike in nearly three decades, announcing a 75 basis point rate hike.