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EIA refined oil inventories increased sharply, U.S. oil fell slightly in the short term, Goldman Sachs Xiaomo is optimistic about the oil price prospects
Time of Update: 2023-03-21
The recent release of strategic crude oil reserves by the Omicron variant virus and the United States has put heavy pressure on oil prices, but given the current imbalance between supply and demand in the global market, Goldman Sachs and JPMorgan Chase remain optimistic about the outlook for oil prices.
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International oil prices stand at a high point Lubricants may usher in a new round of price upward movement
Time of Update: 2023-03-13
Recently, due to the comprehensive impact of the international situation and the epidemic, international crude oil prices have been rising all the way, and on January 18, London Brent crude oil future
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International oil prices have rarely fallen during the year, will they rise again
Time of Update: 2023-02-13
On the other hand, OPEC+ reconfirmed at the 30th ministerial meeting to maintain the previously announced production quota adjustment plan, and decided to increase the daily crude oil production quota in August by 648,000 barrels, returning nominal oil production to pre-epidemic levels.
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Market sentiment panic Copper prices have not seen a downward trend in the short term
Time of Update: 2023-01-03
Copper prices hit record highs a week ago as traders sought to stock up on a trading frenzy, historically low inventories and concerns about escalating supply chain disruptions due to the Russia-Ukraine conflict.
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In 2020, global semiconductor revenue was $466.2 billion, a year-on-year increase of 10.4
Time of Update: 2023-01-03
” "Memory, GPU and 5G chipsets led the growth of semiconductors driven by demand in the hyperscale, PC, hypermobile, and 5G mobile device markets, while automotive and industrial electronics suffered due to reduced or suspended spending on Covid-19," explained Andrew Norwood, research vice president at Gartner.
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The global switchgear market demand is expected to reach $102.6 billion in 2019
Time of Update: 2023-01-02
In terms of insulation type, switchgear is mainly divided into GIS (gas insulated) and AIS (air insulated) types, and GIS types will dominate during the forecast period.
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Prysmann has received an order for a large high-voltage AC cable system in Italy
Time of Update: 2023-01-02
Specifically, the first contract, worth 50 million euros, is for the development of a 150 kV high-voltage AC power cable system between the Zuel and Somprade substations in the province of Belluno.
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Towards the Spring Festival, Vietnam's imports of meat and meat products will not increase significantly
Time of Update: 2022-12-30
(End)According to statistics from the General Administration of Customs of Vietnam, in the first 10 months of 2022, Vietnam's imports of meat and meat products reached nearly 545,000 tons, down 11.
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The UK has committed £1 million to support research and development of electric vehicle technology
Time of Update: 2022-12-28
” The government has also announced £2 million in funding for e-bikes and plans to provide green license plate clean cars, vans and taxis under the new scheme to raise awareness of ultra-low emission vehicles.
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World Bank: The price of silver will fall to $13.42 an ounce by 2030
Time of Update: 2022-12-27
42 an ounce by 2030According to the World Bank, the price of silver has been steadily declining from a high of $18.
42 an ounce by 2030According to the World Bank, the price of silver has been steadily declining from a high of $18.
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August 11 aluminum market morning review
Time of Update: 2022-12-25
Aluminum CitySpot market transactions are still poor, and rising prices have dampened downstream procurement enthusiasm.
Aluminum CitySpot market transactions are still poor, and rising prices have dampened downstream procurement enthusiasm.
Aluminum CitySpot market transactions are still poor, and rising prices have dampened downstream procurement enthusiasm.
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June 23 aluminum market morning review
Time of Update: 2022-12-25
Aluminum CityIn the morning, the spot market turned weak again, and the downstream on-demand procurement in the early stage, as the price fell wait-and-see sentiment rose, receiving goods cautiously, and the transaction declined.
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Shanghai copper afternoon volatility rebounded, bullish sentiment heated up slightly
Time of Update: 2022-12-23
Shanghai copperDuring the Asian session, London copper bottomed out, and the latest quotation at 15:01 Beijing time was 9741 US dollars / ton, up 12 US dollars, or 0.
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External uncertainty remains strong Shanghai copper is still fluctuating in the range
Time of Update: 2022-12-23
Shanghai copperOn the macro front, the global energy crisis is intensifying, the market's expectations for US inflation are rising, and the Fed's tightening of monetary policy may be approaching; Affected by the dual control policy of energy consumption, the lack of domestic power supply has led to a decline in the operating rate of copper processing enterprises, and the shortage of market supply is still there.
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Shanghai copper runs at a high level, and the market transaction is light
Time of Update: 2022-12-23
The Biden administration's suspension of the world's largest gold and copper mine has increased the supply disturbance of copper mines, and the domestic power and environmental protection impacts have continued to decline, and refined copper production has further declined, coupled with the decline in domestic and external copper inventories, supporting the center of gravity of copper prices.
