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Crude oil: Chinese demand is heading for the light
Time of Update: 2023-02-01
After the deregulation of the epidemic, the first wave of infection peaked and China's economic activity was severely affected in December, with all three PMIs falling to their lowest level since March 2020 and sluggish terminal demand.
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Global demand for light-duty vehicle batteries is expected to increase by $34 billion over the next five years
Time of Update: 2023-01-03
Increasing regulations related to greenhouse gas emissions from transportation vehicles have led to an increase in the global demand for electric vehicles, which in turn is expected to boost the growth of the global lightweight vehicle battery market during the forecast period.
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Market demand is light PVC futures prices fall
Time of Update: 2022-12-25
The price of PVC calcium carbide SG5 fell last week, after the average price of domestic PVC on Friday was 7348.
The price of PVC calcium carbide SG5 fell last week, after the average price of domestic PVC on Friday was 7348.
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Downstream demand is still light, and aluminum prices are under pressure to fall
Time of Update: 2022-12-25
Aluminum pricesStimulated by the news of successive production cuts, the internal and external aluminum prices soared, paying attention to whether the scale of production cuts in the later period will continue to expand, this week the aluminum ingot social library has fallen, which has some support for aluminum prices, but the current demand performance is still not out of the weak pattern, aluminum prices have insufficient momentum.
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Raw material procurement demand is light, rubber is recommended to wait and see for the time being
Time of Update: 2022-12-24
As of the end of last week, domestic port inventories continued to recover, and the recent increase in shipping schedules became the main accumulation factor, while downstream work has not fully resumed, and raw material procurement demand is also light.
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The market demand side is light Shanghai copper is expected to continue to fluctuate at a high level
Time of Update: 2022-12-24
Shanghai copperOn the macro front, the probability of the Fed raising interest rates in March continues to increase, and Powell also said that he does not rule out the possibility of raising interest rates at every meeting, and will start reducing the balance sheet at an appropriate time after the rate hike.
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Shanghai copper low opening volatility market demand is still light
Time of Update: 2022-12-24
Shanghai copperIn terms of news, the situation in Russia and Ukraine is still scorching, Western countries are planning to introduce new sanctions, and Russia's oil and gas production is facing a decline in the situation, exacerbating the risk of inflation; However, the possibility of the Fed accelerating the pace of tightening has increased, and expectations of tightening liquidity have supported a sharp strengthening of the dollar index.
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Downstream demand is light, and copper prices have fallen after climbing
Time of Update: 2022-12-24
For domestic inventory changes, exchange inventories continue to fluctuate at a low level, and inventories in the Shanghai Free Trade Zone show slight signs of rebound, but the window is closed, and copper outside the customs has not yet been driven by large-scale imports.
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Shanghai aluminum fell under pressure, and downstream demand was light
Time of Update: 2022-12-19
Market Focus: (1) The minutes of the Fed's meeting released on Wednesday showed that policymakers renewed their commitment to keep interest rates near zero until they believe the U.
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Market demand is light, and the main LLDPE contract fluctuates higher
Time of Update: 2022-12-16
LLDPENews: Longzhong Information reported on September 4: Shenhua Xinjiang PE plant production capacity of 270,000 tons / year, stopped on August 15, qualified products were released on September 22, and stopped and overhauled for a total of 38 days.
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Market demand is light, and aluminum short-term shock consolidation
Time of Update: 2022-12-12
Period aluminumIn terms of external trading, Lun aluminum opened at 2037 US dollars / ton, the price at the beginning of the session slightly touched 2042 US dollars / ton, close to 2050 US dollars that fell back to about 2035 US dollars / ton, the Asian market noon price basically relied on the 5-day moving average around 2038 US dollars / ton up and down narrow range.
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The downstream demand of the market is light, and the aluminum trend remains unchanged
Time of Update: 2022-12-12
On Tuesday, the Shanghai aluminum 1810 contract opened at 14680 yuan / ton in the morning, and it was shorted into the long flat at the beginning of the session, and the Shanghai aluminum fell under p
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Weak merchant demand Copper market trading was light before the holiday
Time of Update: 2022-12-05
On the 26th, the London copper Asian market was weak and volatile in the morning, and there were signs of higher in the afternoon, as of 15:10 Beijing time, London metal (LME) copper was last reported at $5730, up $0.
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Demand for copper scrap is sluggish and the market transaction is light
Time of Update: 2022-12-05
In addition, at present, copper rod factories in various places continue to be affected by cable industry inspections and environmental protection factors, and tend to purchase electrolytic copper and high-quality recycled copper, supporting prices to continue to be firm.
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China's LED landscape lighting industry has cooled but the demand is still large
Time of Update: 2022-03-11
Although the popularity has declined in the past two years, it has benefited from large-scale events The demand for LED landscape lighting in China is still large for the development of night tourism economy and characteristic towns.