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Reefer shipping costs from Northern Europe to China remain firm
Time of Update: 2023-02-02
Peter Sand pointed out that as prices are falling across the market, reefer shipments from Northern Europe to China remain strong, with an average spot price of $2,185 for 40-inch reefers in 2019, indicating the current strength of reefer shipments, but also indicating that they have the potential for further sharp declines.
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British media: Russia's energy export revenue this year may reach 337.5 billion US dollars, an increase of 38% year-on-year
Time of Update: 2023-01-08
According to a document from the Russian Ministry of Economic Development obtained by British media, Russia's energy export revenue will increase to $337.
According to a document from the Russian Ministry of Economic Development obtained by British media, Russia's energy export revenue will increase to $337.
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The next crisis in the energy market: the shortage of tankers
Time of Update: 2023-01-07
However, with energy supplies still falling short of demand in the coming months and the EU embargo on Russian oil and products, this number will only continue to rise and further intensify competition for a limited fleet of tankers.
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Russian oil price limit is difficult to resolve, international oil prices fell below $80 / barrel
Time of Update: 2023-01-01
Last week (November 21-25), the global commodity market "fell". In terms of energy, WTI crude oil prices fell below the important threshold of $80 per barrel, and under the influence of many uncertain
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Shanghai copper runs at a high level and narrows its gains slightly during the day
Time of Update: 2022-12-26
At present, the fundamental supply side of the market circulation supply is small, spot is more tight, although some imported copper has supplemented the market, but it is difficult to hide the trend of cargo merchants raising the premium, consumer side, pre-holiday stocking effect, superimposed on the recent plate decline is obvious, the market trading atmosphere is still more active, downstream market procurement is increasing, the fundamental performance is healthy.
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The US dollar index is weak and volatile, and copper prices continue to rebound
Time of Update: 2022-12-25
Shanghai copperBefore the release of the US inflation data, the market sentiment was slightly cautious, the inventory of Shanghai copper warehouse receipts was still declining, and the downstream wait-and-see sentiment recovered after the recovery of the non-expired price, and the upward trend of futures prices was weak.
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August 11 London Afternoon Review
Time of Update: 2022-12-25
London copperThe slowdown in inflation in the United States in July was more than expected, which boosted expectations that the Fed's current round of interest rate hike cycle was not as aggressive as previously expected, and the overnight copper shock was strong, the latest closing quotation of 8078 US dollars / ton, closed up 123 US dollars, or 1.
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The short-term trend of aluminum prices is mainly high volatility
Time of Update: 2022-12-24
The domestic epidemic affected the postponement of the consumption season, and the pace of resumption of production accelerated, but the lockdown also had a very significant impact on logistics, with explicit inventories increasing slightly against the season, and aluminum prices fluctuating at a high level in the short term.
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Shanghai aluminum returns to fundamental operation in the short term, and will continue to be strong and volatile
Time of Update: 2022-12-24
Last week's trend of London aluminum showed a bottoming rebound, with a cumulative decline of about 1.
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Scrap aluminum is expected to have limited room for decline in the short term
Time of Update: 2022-12-24
This week's scrap aluminum continued to fall, South China fell more than 200 yuan, the current local machine aluminum mainstream around 15900, 6063 old material around 16400; Other regions fell more t
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Aluminum prices are running strongly, pay attention to the follow-up destocking strength
Time of Update: 2022-12-24
Abroad, under the Russian-Ukrainian conflict, the export and transportation of Russian aluminum may be blocked, coupled with European energy prices at a high level, European electrolytic aluminum production reduction concerns continue to heat up.
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Cost support or weakening PVC will continue the weak pattern
Time of Update: 2022-12-24
89 percentage points from the previous month; of which the calcium carbide PVC operating load was 82.
89 percentage points from the previous month; of which the calcium carbide PVC operating load was 82.
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Production fell further, and Shanghai aluminum fluctuated at a high level
Time of Update: 2022-12-23
Shanghai aluminumToday's Lun aluminum trend fluctuated, LME three-month Beijing time at 15:01 at 2692 US dollars / ton, down 10 US dollars, or 0.
Shanghai aluminumToday's Lun aluminum trend fluctuated, LME three-month Beijing time at 15:01 at 2692 US dollars / ton, down 10 US dollars, or 0.
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After Shanghai aluminum went higher, it slightly lowered and the market transaction was relatively active
Time of Update: 2022-12-23
Affected by the news that the premier said on Friday that he would cut the RRR in a timely manner and increase support for the real economy, especially small and medium-sized enterprises, Shanghai aluminum moved strongly overnight.
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Shanghai aluminum afternoon comment on December 8
Time of Update: 2022-12-23
Shanghai aluminumOn the macro front, Fed Powell said that the risk of rising inflation has increased, abandoning the view that inflation is "transitory" and considering completing the taper ahead of schedule; The central bank decided to cut the deposit reserve ratio by 0.
