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Copper consumption margin improved Shanghai copper closed strongly
Time of Update: 2022-12-26
The "eagle whispering" dollar has been positive for four consecutive years, but Shanghai copper has not been affected by this, and the macro has not continued to come more bearish news, coupled with the continuous decline in overseas copper mine production, and the end of the fifteen consecutive increase in London copper inventory, under the marginal improvement of consumption, Shanghai copper closed up strongly.
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April 29 Copper Market Afternoon Review
Time of Update: 2022-12-25
It is expected that during the Labor Day holiday, the possibility of non-ferrous metal shocks in the external market is high, and it is recommended to do hedging operations and position margin adjustments in advance.
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July 12 copper market morning review
Time of Update: 2022-12-25
Copper market morning comment: overnight copper prices weakened. On the macro front, the US non-farm payrolls data exceeded expectations, supporting the Fed to raise interest rates by 75 basis points,
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February 15 copper market morning review
Time of Update: 2022-12-24
Copper CityAt the macro level, the situation in Russia and Ukraine affects market sentiment; US inflation data exceeded expectations, expectations of interest rate hikes increased sharply, and the dollar index rebounded; Energy prices such as crude oil rose sharply, and inflation expectations increased; Domestic wide credit is verified by data.
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January 27 Copper Market Morning Review
Time of Update: 2022-12-24
Copper CityOn the supply side, the recovery of TC slowed down, refined copper production rebounded significantly month-on-month, copper scrap tightness eased, and refined waste price spread increased.
On the supply side, the recovery of TC slowed down, refined copper production rebounded significantly month-on-month, copper scrap tightness eased, and refined waste price spread increased.
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October 11 copper market morning review
Time of Update: 2022-12-23
Copper market morning comment: London copper rose sharply last week, and the main contract of Shanghai copper closed higher.
Copper market morning comment: London copper rose sharply last week, and the main contract of Shanghai copper closed higher.
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Shanghai copper maintained a strong spot market with a wait-and-see attitude
Time of Update: 2022-12-23
Copper inventories at home and abroad continue to fall, the global power crisis may be difficult to improve in the short term, supply shortage worries continue to heat up, domestic copper processing fees are high, merchants are holding prices, Shanghai copper today remains strong, spot copper is expected to continue to rise.
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Copper prices are strong and the spot market is weak in supply and demand
Time of Update: 2022-12-21
Since February, copper prices have soared strongly, highlighting the bulls in the non-ferrous pro-cyclical industry. On February 24, the Shanghai copper front-month contract rose as high as 68,880 yua
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The year-end effect superimposed on epidemic worries will put copper under pressure
Time of Update: 2022-12-20
In the afternoon, the US dollar index fell, Shanghai copper rose slightly, converged its decline, currently facing the consumption off-season, fundamental supply and demand are stable, as the market worries about the epidemic intensified caused Shanghai copper high to fall.
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November 20 copper market morning review
Time of Update: 2022-12-20
Copper CityFrom the perspective of macro data, China's October economic data released, industrial added value and fixed asset investment growth rate remained at the high point of the year, exceeding market expectations, the total retail sales of consumer goods accelerated growth, so that copper prices have risen recently.
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November 20 copper market morning review
Time of Update: 2022-12-20
Copper CityFrom the perspective of macro data, China's October economic data released, industrial added value and fixed asset investment growth rate remained at the high point of the year, exceeding market expectations, the total retail sales of consumer goods accelerated growth, so that copper prices have risen recently.
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The year-end effect superimposed on epidemic worries will put copper under pressure
Time of Update: 2022-12-20
In the afternoon, the US dollar index fell, Shanghai copper rose slightly, converged its decline, currently facing the consumption off-season, fundamental supply and demand are stable, as the market worries about the epidemic intensified caused Shanghai copper high to fall.
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Copper rises in the future, and it is difficult to maintain small range fluctuations
Time of Update: 2022-12-20
Base metals generally rebounded stimulated by the sharp fall in the dollar, London copper rose to $6900 to hit a new high this year, news, Kodalco workers strike, as protest companies fired workers during the epidemic, large company strikes will inevitably cause further tension in the concentrate market, watch for follow-up progress.
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Copper rises in the future, and it is difficult to maintain small range fluctuations
Time of Update: 2022-12-20
Base metals generally rebounded stimulated by the sharp fall in the dollar, London copper rose to $6900 to hit a new high this year, news, Kodalco workers strike, as protest companies fired workers during the epidemic, large company strikes will inevitably cause further tension in the concentrate market, watch for follow-up progress.
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Market risk asset sell-off Risk aversion sent copper down
Time of Update: 2022-12-18
However, at the end of the week, the market expected the United States to introduce a stimulus package to deal with the impact of the epidemic, in addition to the market heating up expectations that the People's Bank of China would follow the interest rate cut, and the steady resumption of domestic companies supported copper prices.
