SMM12 March 29: nearly 2 dollar index warmed up, today's intraday shock upward, accelerated after the end of the Asian session, as of 16:41, the dollar index rose 0.16% slightly. In terms of international crude oil, US crude oil rose for the sixth day in a row, rising 0.18%, and Brent crude rose 0.27%.
Most inner-market metal futures reversed the decline and closed higher, with only Shanghai copper down 0.18%, Shanghai aluminum up 0.76%, Shanghai nickel up 0.51%, Shanghai lead up 0.42%, and Shanghai zinc and tin up nearly 0.2%. The main force of stainless steel rose slightly by 0.48%.
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Shanghai Aluminum increased at the beginning of trading, fell at noon, and rose slightly in late trading, retaining gains. In terms of processing fees, according to SMM research, the spot price of SMM in eastern China today was 19920 yuan / ton, up 140 yuan / ton compared with yesterday. The aluminum cable industry has entered the off-season, enterprises' acceptance of high raw material prices has declined, aluminum rod transactions have weakened, the industry spot is loose, high aluminum prices in Shanghai have fallen in the afternoon, weak operation, aluminum rod holders temporarily reduce processing fees and shipments, short-term SMM expects domestic aluminum cable enterprises to start weakening expectations. Aluminum rod processing fees to maintain weak operation.
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Shanghai Copper opened in low mood, concussion down, afternoon adjustment mentality, the decline narrowed. Spot market, today to show price sentiment, quoted in the rise of 50 yuan / ton or so to maintain the sawing state, the actual market turnover is limited. Next month's ticket Pingshui Copper Morning Market began to report at Shengshui 40-50 yuan / ton to continue yesterday's afternoon quotation level, it is difficult to be interested in buying, but the supply is small, traders are in a strong price mood, unwilling to adjust the price, and the quotation maintains a stalemate near 50 yuan / ton. after 10:00, as the market goes down and enquiries increase, the holder is lifted to around 60 yuan / ton, and the market continues the sawing state in a light atmosphere. The good copper offer is limited and the offer is strong, the overall strength is 70-100 yuan / ton, and the market turnover is limited. In the morning market, BMK started at a discount of 80 yuan / ton, with many inquirers, but other brands, such as SXEWMOOK, even if few transactions were made, were firm with flat copper and good copper quotations, and were reluctant to take the initiative to lower their quotations.
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In the coal series, coking coal and coke were pulled up at the end of the day, with coking coal up 1.34% and coke up 0.67%. The decline of thermal coal was much narrower than that of yesterday (December 28), and it almost reached an increase today, closing down 0.03%.
Black series, only hot rolling floating red, slightly up 0.34%; iron ore three consecutive jumps, closed down 1.92% compared with yesterday (December 28) decline narrowed; thread slightly fell 0.28% less than yesterday's decline.
Today, the LME market opened, Lun copper opened high after a small shock, Lun aluminum opened lower and narrowed, Lun lead, Lun zinc, Lun Ni opened low and high, Lunxi slightly concussion lost trading vitality.
As of 16:51, the metal futures market:
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SMM Daily Review of Metal Market
Recycled aluminum: aluminum prices rebounded slightly today, SMM A00 aluminum prices rose 140yuan / ton to 19920 yuan / ton compared with yesterday, recycled aluminum prices are running smoothly. In terms of domestic prices, the quotations of large domestic recycled aluminum enterprises remain unchanged at 20350-20550 yuan / ton; for small and medium-sized plants, quotations are also stable, maintaining around 19700-19900 yuan / ton. In terms of import and export, the current import window continues to be closed, and the immediate import loss expands slightly. Today, aluminum prices rebounded slightly, recycled aluminum prices continue to stabilize mainly, price fluctuations are small. The overall market turnover is general, downstream enterprises more stable procurement. It is expected that the price of recycled aluminum in the near future.
Aluminum prices rebounded slightly and recycled aluminum prices continued to stabilize [ADC12 Price Daily Review]
Alumina: today's price is temporarily flat, according to SMM, the current rigid demand is in the process of signing a long order, and the electrolytic aluminum plant that has signed a long order is still dominated by the original cooperative enterprise, and the contract has not changed much compared with last year. Today, the SMM regional weighted index was 2809 yuan / ton, which was flat compared with yesterday; Shandong region was reported at 2820-2920 yuan / ton, which was flat compared with yesterday's report; Henan region was reported at 2760-2880 yuan / ton, which was flat compared with yesterday.
Alumina price stabilizes and prices are flat today [SMM Daily Review]
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"Click to view the price of SMM stainless steel products.
The stock market closed
The overall market remained weak and volatile in the afternoon, and the Shanghai 50 index continued to lead the decline. On the market surface, there is an obvious differentiation between large-cap stocks and small-cap stocks in today's market. In terms of high-level stocks, the stock price of Sanyang Horse resumed trading today, which led to the activity of high-level stocks, and snowman shares staged the floor. Yesterday, all 9 board stocks rose today, of which 7 continued to rise by the daily limit. On the whole, today's stocks fell more than rose less, more than 2500 stocks fell. The turnover on the Shanghai and Shenzhen stock markets today is 997.3 billion, which is 5.4 billion lower than that of the previous trading day, and the trading volume has once again fallen below the trillion yuan.
On the market, China Shipping system, Airport Shipping, Salt Lake Lithium extraction, Intelligent Logistics and other plates rose in the forefront, while Yuanyu and other plates led the decline.
By the close, the Prev index was down 0.91%, the Shenzhen index was down 1.24%, and the gem index was down 1.4%. Northbound funds have a net inflow of 662 million yuan throughout the day, of which Shanghai shares have a net inflow of 186 million and Shenzhen stocks have a net inflow of 476 million.
Today, the non-ferrous metals plate fell slightly, the plate index fell 0.11%. In terms of individual stocks, 3 shares of Xinke Materials, Mount Qomolangma in Tibet, Hesheng shares rose by the daily limit, Gangyan Gaona, Tunan shares, Yuean New Materials, Huafeng Aluminum and other floating red.
Today, the small metal plate fell slightly, and the plate index fell 0.13%. In terms of individual stocks, China Mineral Resources, Tin Industry shares, Western Materials, Bao Ti shares and other 8 shares float red.
The three major A-share indexes all fell novel coronavirus test, salt lake lithium extraction and other plates rose in the front row, Yuan Cosmos and other sectors led the decline [stock market closing]
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