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Goldman Sachs cut its oil forecast price for the fourth quarter to $100 a barrel
Time of Update: 2023-01-07
Due to the weakening demand outlook and the strengthening of the US dollar, Goldman Sachs Group lowered its expectations for oil prices on the 27th: the average price of Brent crude oil futures in the
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Recession fears persist International oil prices fell significantly on September 26
Time of Update: 2023-01-07
As the market's concerns about recession continued and the US dollar strengthened significantly, the international crude oil futures price consolidated weakly in the overnight market, once turned from falling to rising in the morning of the 26th, and then fell significantly, and in the afternoon a narrow consolidation, international oil prices fell significantly at the close.
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During the market optimism digestion period, the center of gravity of copper was basically stable
Time of Update: 2022-12-17
5 US dollars / ton, after testing 5924 US dollars / ton in the morning, due to the global trade situation again, and the market gradually digested last week's favorable trade, London copper under pressure daily average of 5915 US dollars / ton, the center of gravity slowly declined, and the $5900 mark was still supported.
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PP market afternoon review on November 29
Time of Update: 2022-12-14
Yesterday, some prices in the PP market rose and fell slightly, the range was 50-150 yuan / ton, polypropylene futures opened high and went high to boost the mentality, near the end of the month, the market circulation supply has been digested, traders to wait and see, the enthusiasm for entering the market operation is not high, downstream factories use and buy, the transaction price is mainly negotiation.
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PP market afternoon review on November 1
Time of Update: 2022-12-13
PPLocal market reference: Hebei market fell slightly, Shenhua L5E89 reported 10350 yuan / ton, Shanghai market narrow consolidation, Daqing refining and chemical T30S reported 10450 yuan / ton, Chengdu market price lower, Sichuan Petrochemical L5E89 reported 10350 yuan / ton.
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The intention of receiving goods at the terminal is not high, and PVC maintains shock sorting
Time of Update: 2022-12-07
On the last day before the holiday, the trading atmosphere of the PVC market was relatively cold, the stock was reduced, and the market as a whole entered a state of price-free market. PVCSpot market:
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PP market narrow adjustment merchants purchase on demand
Time of Update: 2022-12-06
PP marketIn crude oil, crude oil futures rose slightly on Wednesday (July 12) as U.
PP marketIn crude oil, crude oil futures rose slightly on Wednesday (July 12) as U.
PP marketIn crude oil, crude oil futures rose slightly on Wednesday (July 12) as U.
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Crude oil quotations fell to support the weak PVC market
Time of Update: 2022-12-06
In the spot market, the domestic PVC market price has fallen, under the influence of the sharp decline in futures, the market trading is mostly maintained on the sidelines, of which the market transaction price in East China fell by about 100 yuan / ton, and South China due to the lack of social inventory, the market fell slightly by about 50 yuan / ton.
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Cost support weakens PVC quotes are mixed
Time of Update: 2022-12-04
PVC market quotes are mixed. The ex-factory price of some petrochemicals was reduced, and the cost support was weakened. Merchants are mainly on the market, the transaction is average, and the transac
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The PVC market has a good atmosphere and the mainstream quotation is stable
Time of Update: 2022-12-03
The PVC market in Guangzhou has a good atmosphere, stable transactions, not many supplies, cost support, and mainstream prices of 20 yuan / ton.
The PVC market in Guangzhou has a good atmosphere, stable transactions, not many supplies, cost support, and mainstream prices of 20 yuan / ton.
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The PVC market continues to rise and the market transaction is stable
Time of Update: 2022-12-03
The domestic PVC market continued to rise, and the market transaction was stable; At present, the spot sources in all major markets are at a low level, some brands are in short supply, traders have le
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Shanghai aluminum rose sharply during the day, and the rally was relatively strong
Time of Update: 2022-12-03
Shanghai aluminumExternal market: After entering the "Golden Nine Silver Ten" traditional consumption season, the demand for nonferrous metals market has recovered, and today's Lun aluminum rose slightly, and the upper support focused on $1700.
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May 20 London Copper morning review
Time of Update: 2022-12-02
London copperOn the macro front, Fed officials continued to release hawkish rhetoric, increasing interest rate hike expectations, and non-ferrous metal prices came under pressure.
London copperOn the macro front, Fed officials continued to release hawkish rhetoric, increasing interest rate hike expectations, and non-ferrous metal prices came under pressure.
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Bank of America Merrill Lynch expects Brent crude prices to rise to $90 next year
Time of Update: 2022-11-24
According to Dow Jones on May 11, Bank of America Merrill Lynch analysts expect oil prices to rise to $100 per barrel next year in view of possible oil supply disruptions in Venezuela and Iran, as well as increased global oil consumption.
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OPEC does not target oil prices
Time of Update: 2022-11-24
Speaking at an industrial event in Abu Dhabi, the minister said OPEC at its next meeting was more focused on determining the right level of oil inventories than on the impact of new U.
