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The market picked up intraday Shanghai aluminum prices recovered
Time of Update: 2022-12-25
Today's Shanghai aluminum is running strongly, the US dollar index fell slightly, the futures market picked up within the day, the cost of aluminum continued to be high, and some overseas aluminum plants will face the risk of closure, providing support for aluminum prices, Shanghai aluminum stopped falling and rebounded sharply.
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Short-term rubber price volatility focuses on downstream demand
Time of Update: 2022-12-25
rubberIn terms of macro, the price of international crude oil futures continued to rise on June 8, the increase was obvious, under the expectation of tightening supply, the oil market continued to heat up, and the rise in crude oil boosted butadiene and synthetic rubber significantly; On June 9, international crude oil futures closed down, oil prices are still running at a high point, and the fundamentals of supply and demand have not changed much.
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Market demand side performance is not good, Shanghai aluminum trend is weak
Time of Update: 2022-12-25
Shanghai aluminumToday, Lun aluminum fluctuated downward, and the LME reported at $2934 / ton at 15:01 Beijing time for three months, down $21, or 0.
Today, Lun aluminum fluctuated downward, and the LME reported at $2934 / ton at 15:01 Beijing time for three months, down $21, or 0.
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Insufficient upward drive Short-term rubber prices fluctuate at a low level
Time of Update: 2022-12-25
rubberNo. 2, NR main closing price 10530 (+60) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1602.
No. 2, NR main closing price 10530 (+60) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1602.
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July 21 Shanghai aluminum brief comment
Time of Update: 2022-12-25
Intraday aluminum prices continued to fluctuate sideways, Shanghai aluminum around 17,900 upward fluctuations; from the current macro perspective, central banks will open interest rate meetings, the Bank of Japan maintained a historical low interest rate of -0.
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The dollar retreated, the market sentiment eased, and the Shanghai aluminum shock was strong
Time of Update: 2022-12-25
Today's Shanghai aluminum shock is strong, interest rate hike boots landing in line with market expectations, the dollar falls, market sentiment has eased, superimposed inventories continue to degrade, there is some support for aluminum prices, and spot transactions have improved, but demand recovery still takes time, and supply increments are still restricting the upward resistance of aluminum prices, the current aluminum prices maintain volatile operation.
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Shanghai copper low opening volatility is still affected by macro factors in the short term
Time of Update: 2022-12-25
Shanghai copperOn the macro front, expectations for a 75 basis point rate hike by the Fed in the early hours of Thursday Beijing time jumped to 99% now, according to CME's Fedwatch tool.
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Rubber prices fluctuated mainly at a low level, and the rebound was slightly weak
Time of Update: 2022-12-25
At present, the low basis and the continuous destocking of inventories may limit the downward space of rubber prices, but the supply and demand drive is weak, and the upward momentum is insufficient, and it is expected that the low price of rubber will fluctuate.
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Shanghai aluminum weak operation market transaction is relatively weak
Time of Update: 2022-12-25
Today's Shanghai aluminum weak operation, the market atmosphere is pessimistic, non-ferrous metals collective pressure downward, aluminum fundamentals continue to weaken, supply-side production is growing, and demand side is insufficient, although there is social library support, but it is difficult to have beautiful performance, short-term Shanghai aluminum continued to fall, hitting a six-month low.
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September 5 London Copper Afternoon Review
Time of Update: 2022-12-25
London copperOil prices are higher, still because of the expectation of production cuts, but the global economic weakness concerns still shrouded the market, the next week London copper rushed back down, late finishing, the latest closing quotation of 7552 US dollars / ton, slightly up 2 US dollars, up 0.
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The macro atmosphere continues to be bearish and the center of gravity of copper prices continues to shift
Time of Update: 2022-12-25
S. stocks in the first half of the year, and the sharp drop in crude oil prices put pressure on the metal market, coupled with the overall domestic demand performance is weak, inventories have increased again, the center of gravity of copper prices continues to shift, and Shanghai copper is close to the 61,000 mark.
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The upward driving force of aluminum prices is insufficient and there is still room for downside in the medium and long term
Time of Update: 2022-12-25
In terms of the market, according to the statistics of the Dashang spot trading platform, the quotation of East China A00 aluminum ingots is 18290-18340 yuan / ton, and the average price is 18315 yuan / ton, down 45 yuan / ton from the previous day; The average price of liter discount is -65 yuan / ton, up 20 from the previous day.
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Shanghai copper weak operation The overall trading volume of the market is still light
Time of Update: 2022-12-25
Shanghai copperDuring the Asian session, the narrow range of London copper volatility was weak, and the latest quotation at 15:01 Beijing time was 7980 US dollars / ton, down 75 US dollars, or 0.
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Shanghai copper opened low and rose after volatility Market trading was slightly worse than yesterday
Time of Update: 2022-12-25
Shanghai copperDuring the Asian session, London copper rebounded at a low level, and the latest quotation at 15:01 Beijing time was 9306 US dollars / ton, up 31 US dollars, or 0.
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June 13 London Copper Afternoon Review
Time of Update: 2022-12-25
London copperOil prices weakened to suppress the metal market, the next week London copper volatility weakened, the latest closing quotation of 9435 US dollars / ton, closed down 174 US dollars, down 1.
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June 7 Lun aluminum afternoon commentary
Time of Update: 2022-12-25
Lun aluminumThe overseas macro atmosphere warmed up, overnight Lun aluminum shock rebounded, the latest closing quotation of 2789 US dollars / ton, closed up 65 US dollars, or 2.
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Shanghai aluminum afternoon comment on July 28
Time of Update: 2022-12-25
Shanghai aluminumOn the macro front, the IMF continued to cut the global economic growth rate in 2022 to 3.
Shanghai aluminumOn the macro front, the IMF continued to cut the global economic growth rate in 2022 to 3.
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Aluminum prices are weak and volatile in the short term
Time of Update: 2022-12-25
Aluminum pricesAccording to customs data, the import volume of unwrought aluminum alloy in May 2022 was 114,500 tons, an increase of 31.
Aluminum pricesAccording to customs data, the import volume of unwrought aluminum alloy in May 2022 was 114,500 tons, an increase of 31.
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Fundamentals remain weak PVC is still dominated by range-adjusted trends
Time of Update: 2022-12-25
PVCBefore downstream demand does not improve significantly, PVC social inventory will remain at a high level, digestion speed is slow, coupled with supply expectations to rise, fundamentals remain weak, futures prices continue to range volatility, center of gravity fluctuation range of 6000-6600.
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July 15 Lun aluminum noon review
Time of Update: 2022-12-25
Lun aluminumOil prices weakened sharply, once erased all the gains brought about by the Russian-Ukrainian conflict, metals fell sharply, overnight Lun aluminum shock fell, the latest closing quotation of 2327 US dollars / ton, closed down 32 US dollars, down 1.
