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OPEC may continue to increase production in January, and Brent crude oil prices turned lower after hitting the 80 mark
Time of Update: 2023-03-17
Gasoline and refined oil inventories also fell, compared with what analysts had expected to increase, suggesting demand remains strong despite record coronavirus cases in the United States.
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Rubber prices are expected to remain strong in the short term
Time of Update: 2022-12-29
This week, the rainfall in the Thai production area is more, the price of raw materials continues to recover slightly, the weather in the domestic Hainan production area is better, but we must pay attention to the impact of glue output brought by this week's cooling, but the recovery of domestic delivery profits is still conducive to the output of full latex, and the overall domestic supply-side pressure has not yet appeared.
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Rubber prices continue to run strongly, and the loose supply and demand pattern is difficult to change
Time of Update: 2022-12-26
NR main closing price of 9775 (+10) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1347.
NR main closing price of 9775 (+10) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1347.
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Brief review of Shanghai copper on August 16
Time of Update: 2022-12-25
Shanghai copperThe current macro performance is actually not optimistic, the slowdown in interest rate hike expectations does not mean disappearing, the signs of weakening the US economy are becoming more and more obvious, the manufacturing index continues to languish, and the phased rebound of copper prices is difficult to form an upward trend.
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Shanghai aluminum is recommended to be treated with a wait-and-see approach in the short term
Time of Update: 2022-12-25
Shanghai aluminumYesterday's aluminum price trend was weak, since last week's aluminum price returned to the 20,000 mark, demand performance began to be weak, downstream chasing higher is more hesitant, procurement enthusiasm is insufficient, market transactions tend to be cautious, aluminum prices further upward pressure increased.
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Short-term demand is still weak and has a certain inhibition on rubber prices
Time of Update: 2022-12-25
Rubber cost support is strong, before seeing the price of domestic raw materials and concentrated milk fall, it is expected that rubber prices will continue to be strong and volatile.
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January 15 aluminum market brief comment
Time of Update: 2022-12-24
Brief comment on the aluminum market: Shanghai aluminum shock lower on Friday, as of the close of 3 p. m. , the main 2202 contract of Shanghai aluminum closed down at 21160, down 425, or 1. 97%. Alumi
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Shanghai aluminum afternoon review on February 16
Time of Update: 2022-12-24
Shanghai aluminum fell slightly overnight, and Russia-Ukraine tensions eased after Russia partially withdrew its troops from the border. Bose gradually unblocked, and the impact of local production an
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Non-ferrous metals rebound overall Copper prices operate around range-bound in the short term
Time of Update: 2022-12-23
Under the premise that domestic and foreign financial markets have not yet exposed systemic risks, the price of non-ferrous metals led by copper and aluminum still has strong structural support, and short-term copper runs around the shock range of 68,000-72,000 yuan, and it is necessary to be vigilant about the impact of policy expectations at sensitive time points in the fourth quarter.
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PVC is strong and updated recent highs
Time of Update: 2022-12-23
Last week, the overall start of domestic PVC production enterprises was still low, and the overall start of construction remained about 5-6%, and some enterprises also stopped.
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December 3 Shanghai aluminum brief comment
Time of Update: 2022-12-23
Shanghai aluminumIn terms of fundamentals, domestic social stocks fell by 15,000 tons to 1.
Shanghai aluminumIn terms of fundamentals, domestic social stocks fell by 15,000 tons to 1.
Shanghai aluminumIn terms of fundamentals, domestic social stocks fell by 15,000 tons to 1.
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November 10 Shanghai aluminum brief comment
Time of Update: 2022-12-23
Shanghai aluminumFundamentally, the pressure on the overseas supply side has eased compared with before, and the scale of production reduction may be further expanded in the fourth quarter under the influence of the environmental protection pressure and the dual control policy of energy consumption of the Winter Olympics.
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Shanghai rubber continues to rebound trend The recent upward trend is dominant
Time of Update: 2022-12-23
Shanghai rubberSpecifically, near December, global rubber production gradually stepped from high production to reduced production, resulting in imports that were less than expected.
Shanghai rubberSpecifically, near December, global rubber production gradually stepped from high production to reduced production, resulting in imports that were less than expected.
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July 29 Shanghai copper brief commentary
Time of Update: 2022-12-22
Shanghai copperThere has been no change in the Fed's interest rate decision on inflation, nor has much changed in the rhetoric on the job market, and Powell has still expressed strong confidence in the job market.
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Shanghai copper continues to be strong, and the demand outlook is optimistic, supporting prices
Time of Update: 2022-12-22
Shanghai copperDuring the Asian session, London copper fluctuated in a narrow range, and the latest quotation at 15:01 Beijing time was 9609 US dollars / ton, down 15 US dollars, or 0.