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January 6 aluminum market noon comment
Time of Update: 2022-12-24
Aluminum market afternoon comment: boosted by supply concerns, Lun aluminum trend firmed overnight to close up $79; The European power crisis has pushed up the cost of aluminum smelting, overseas aluminum plants continue to reduce production, short-term aluminum prices are still supported, and aluminum may continue to rise today.
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Shanghai aluminum bottomed out and rebounded, and the overall high level of strong shock operation
Time of Update: 2022-12-24
Shanghai aluminumIn terms of external trading, the LME will be closed from April 15 (Friday) to April 18 (Monday) due to Good Friday, April 15, 2022 and Easter Day on April 18, 2022.
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Base metals closed down nearly across the board, and Shanghai aluminum fell in shock
Time of Update: 2022-12-24
Shanghai aluminumOn the macro front, the Fed's March FOMC interest rate meeting will be held on March 15-16, and the results will be announced in the early morning of March 17, Beijing time.
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Rubber prices are weak, and short-term supply and demand are weak
Time of Update: 2022-12-24
Due to the seasonal decline in downstream demand, short-term rubber supply and demand showed weakness, and it is expected that the price of the plate will continue to be weak, and it is recommended to wait and see for the time being.
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Higher international oil prices boosted aluminum prices
Time of Update: 2022-12-24
In terms of the market, today's spot trading price of Yangtze River is 20290-20330 yuan / ton, Zhang 200 yuan; Guangdong South Reserve reported 20260-20320 yuan / ton, up 160 yuan; Hua reported 20330-20370 yuan / ton, up 200 yuan.
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January 24 Copper Market Afternoon Review
Time of Update: 2022-12-24
Shanghai copper opened high and rose to close in Zhongyang at 71740 overnight, and may open lower with the outside market today.
Shanghai copper opened high and rose to close in Zhongyang at 71740 overnight, and may open lower with the outside market today.
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Fed monetary tightening increases the price of aluminum in the external market
Time of Update: 2022-12-24
Overseas aluminum prices have fallen below the $3,000 mark since the close before the domestic holiday, and the Fed's interest rate hike expectations have suppressed non-ferrous metal prices, and external prices have generally weakened.
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February 16 London Copper Afternoon Review
Time of Update: 2022-12-24
London copperThe recovery of market risk appetite pushed European and American stock markets to rise, overnight London copper ran strongly, the latest closing quotation of 9974 US dollars / ton, closed up 123 US dollars, or 1.
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March 23 Lun aluminum afternoon review
Time of Update: 2022-12-24
Lun aluminumOil prices fell as the European Union discussed whether to ban the import of Russian crude oil, but some major members still objected, overnight London aluminum volatility lower, the latest closing quotation of 3506 US dollars / ton, closed down 16 US dollars, or 0.
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Commodities rose and rubber prices stopped falling and rebounded
Time of Update: 2022-12-24
From the perspective of price difference, the futures and spot spreads continue to narrow, and the spot of full latex is basically flat mixed rubber, and the price continues to fall, which is conducive to the digestion of old whole milk.
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Aluminum prices continue to be high, and domestic fundamental support still exists
Time of Update: 2022-12-24
In terms of external trading, last week Lun aluminum showed a trend of rushing back down, intraday London aluminum prices rose as high as $3742, but in the second half of the week market sentiment fell aluminum prices also ushered in a correction, as of Friday, the cumulative increase reached 5.
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December 23 copper market morning review
Time of Update: 2022-12-24
Copper CityAt the macro level, US inflation has soared, the Federal Reserve has accelerated debt reduction, and the US dollar will remain strong; Domestic liquidity has shown signs of easing, infrastructure construction is ahead, and cross-cycle adjustment is strengthened.
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Shanghai aluminum shock weakened downstream consumption weakened
Time of Update: 2022-12-24
The tightening of global aluminum supply expectations and the continued domestic destocking support prices, but the downstream fear of heights is gradually showing, receiving goods cautiously, the year-end off-season consumption weakened, delivery close to Shanghai aluminum trend is weak, now aluminum or slightly reduced.
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March 21 aluminum market noon comment
Time of Update: 2022-12-24
Aluminum CityOn Friday, thermal coal fluctuated, Lun aluminum rushed back down slightly higher, closing at $3388, Shanghai aluminum opened low and high overnight, and stabilized at the 20-day moving average to close Xiaoyang, closing at 22935.
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Shanghai aluminum maintained a weak trend and the market transaction was average
Time of Update: 2022-12-24
In March, the aluminum processing industry as a whole was not as good as in previous years, mainly due to the sudden epidemic in many places and the high price of aluminum, and the domestic downstream aluminum processing enterprises did not start work as well as previous years.
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Shanghai aluminum short-term or rally is gratifying, still need to be wary of the risk of fallback
Time of Update: 2022-12-24
As of the close of 3 p. m. , the main 2203 contract of Shanghai aluminum closed up at 21950, up 440, or 2. 05%. After the aluminum price gradually stabilized the 20,000 mark this month, it gradually c
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April 20 Shanghai aluminum noon review
Time of Update: 2022-12-24
Shanghai aluminumOn the macro front, the domestic epidemic situation improved, while the economic data of the Statistics Bureau in March exceeded expectations, boosting market confidence.
Shanghai aluminumOn the macro front, the domestic epidemic situation improved, while the economic data of the Statistics Bureau in March exceeded expectations, boosting market confidence.
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March 29 London Copper noon review
Time of Update: 2022-12-24
In the evening, Shanghai copper opened high and rose, and the latest closing price of the main monthly 2205 contract was 73630 yuan / ton, up 590 yuan, or 0.
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PVC market transactions generally still need to pay attention to the recovery of the demand side
Time of Update: 2022-12-24
PVCAt present, PVC demand performance is relatively weak, supply and demand side is weak, spot price range volatility, later with PVC maintenance concentration and demand recovery, it is expected that the fundamentals will gradually improve, macro also has some support, so the expectation is relatively optimistic, but still need to pay close attention to the specific recovery of the demand side.
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Aluminum prices fluctuate at a high level and be wary of the pullback brought by safe-haven demand
Time of Update: 2022-12-24
In terms of domestic fundamentals, after the correction of the dual-control atmosphere, various places have begun to resume production, and the operating capacity of electrolytic aluminum in Yunnan, Shanxi and other provinces is expected to increase slightly, and the domestic operating capacity will continue to rise.
