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The geopolitical game intensifies The market drive and contradiction of fuel oil itself are not prominent
Time of Update: 2023-02-03
First, the market reviewYesterday (December 28), the price trend of low and high sulfur fuel oil continued to rise, with the FU2305 contract rising 65 yuan / ton, or 2.
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The traditional off-season atmosphere is becoming more and more intense, and Shanghai copper has fallen into a high correction
Time of Update: 2023-01-04
Shanghai copperOn the supply side: Fears of supply disruptions have been revived by strikes at Chile's largest copper mine, Scondida, which will halt all shifts, while the LasBambas copper mine in Peru has seen mining operations decline due to community lockdowns to only reach 30% of capacity; According to data from the National Bureau of Statistics, the output of refined copper (electrolytic copper) in October 2022 was 953,000 tons, an increase of 10.
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Egypt and Iraq cooperate to strengthen digital transformation
Time of Update: 2023-01-03
According to Ecofin, the ministries of communications of Iraq and Egypt signed a memorandum of understanding to strengthen cooperation in the field of ICT.
According to Ecofin, the ministries of communications of Iraq and Egypt signed a memorandum of understanding to strengthen cooperation in the field of ICT.
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Iran intends to launch 5G services by the end of March
Time of Update: 2023-01-03
Iran's largest cellular data operator, Iran Mobile Communications Corporation (MCI), is expected to launch 5G services by the current fiscal year (March 20, 2021).
Iran's largest cellular data operator, Iran Mobile Communications Corporation (MCI), is expected to launch 5G services by the current fiscal year (March 20, 2021).
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Tuna raw materials maintained an upward trend, and fishing in many parts of the world slowed down
Time of Update: 2022-12-29
In December, the price of tuna (bonito) raw materials in Bangkok, Thailand, entered an upward channel, according to UCN sources, the price of $1,600/mt was traded last month and is expected to rise to $1,700-1,750/mt in the coming days.
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The 25th China International Bakery Exhibition is gaining momentum
Time of Update: 2022-12-29
Achieve "big concatenation" of dataAs a practitioner of the era of informatization and digitalization, China International Bakery Exhibition has not only built an online system for exhibitors and a cloud service platform for bakery business, but also created a digital new media publicity matrix, and actively promoted the development of industry baking + Internet, e-commerce, big data and intelligent trends.
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Aluminum prices stop falling and rebound, short-term or performance shock recovery trend
Time of Update: 2022-12-26
Recently, some aluminum plants in Henan plan to reduce production by 10-15% due to poor corporate profitability and other reasons, which is expected to affect the annualized production capacity of about 110,000 tons, and will reduce production in place in mid-November, and the resumption time is to be determined.
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August 23 aluminum market morning review
Time of Update: 2022-12-25
Aluminum CityIn the morning, there were signs of weakening in spot market trading, production restrictions led to smelters and processing plants reducing production, the market circulation was abundant, downstream on-demand procurement, middlemen and traders performed slightly cramped.
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June 23 Shanghai aluminum afternoon comment
Time of Update: 2022-12-25
Shanghai aluminumThe landing of overseas interest rate hikes has eased the market's overly tense expectations in a timely manner, and the downstream operating rate has steadily increased as the epidemic is gradually controlled in China.
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The decline in aluminum prices gradually stopped, showing a volatile upward trend
Time of Update: 2022-12-25
Aluminum pricesThis week, London aluminum continued to show a volatile rebound trend, the overall oscillation between $2800-2935, the center of gravity has shifted up from last week.
This week, London aluminum continued to show a volatile rebound trend, the overall oscillation between $2800-2935, the center of gravity has shifted up from last week.
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Metals fell across the board, and Shanghai copper continued to decline in early trading
Time of Update: 2022-12-25
Shanghai copperOn the macro front, Richmond Fed President Barkin, the 2024 FOMC voting committee, said on Tuesday that the Fed should raise interest rates as quickly as possible and avoid undue harm to financial markets or the economy.
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May 31 Copper Market Morning Review
Time of Update: 2022-12-25
Market expectations for more aggressive interest rate hikes by the Fed eased, risk appetite continued to improve recently, and the US dollar index continued to decline, releasing upward pressure on external metals; Shanghai announced the orderly resumption of access to residential areas in June, and consumption is expected to recover.
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Shanghai aluminum rebounded higher after opening low and oscillating
Time of Update: 2022-12-25
Shanghai aluminumToday, Lun aluminum bottomed out, and the LME reported at $2,761 / ton at 15:01 Beijing time for three months, up $12, or 0.
Shanghai aluminumToday, Lun aluminum bottomed out, and the LME reported at $2,761 / ton at 15:01 Beijing time for three months, up $12, or 0.
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Brief review of Shanghai copper on March 17
Time of Update: 2022-12-24
The central government has repeatedly released signals supporting the positive development of the domestic financial market, and the stock market has strengthened, driving copper prices to maintain stability at a high level.
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The polyethylene market is mainly firm, and the short-term decline space is limited
Time of Update: 2022-12-24
(Quotation: yuan/ton)polyethyleneNear the end of the month, the overall trend of the three major domestic polyethylene spot prices was weak, and LLDPE and LDPE in East China showed a trend of first falling and then stabilizing during the week, and HDPE was mainly running smoothly.