SMM7 March 30: the non-ferrous metals market is mixed today. By the end of the day, international copper fell 0.33%, Shanghai copper fell 0.47%, Shanghai aluminum fell 0.65%, Shanghai lead rose 1.45%, Shanghai zinc rose 0.33%, Shanghai nickel fell 0.43%, and Shanghai tin rose 0.24%.
In terms of copper, the morning jump of the main 09 contract of Shanghai Copper opened at 71510 yuan / ton today. After touching near the daily moving average, the center of gravity fell 71250 yuan / ton. After walking out of the V-shaped trend, the center of gravity returned to the vicinity of the daily moving average at the end of the day. The bulls re-entered the market in the afternoon, and after a little finishing around 71730 yuan / ton, the center of gravity fluctuated again and fell back to near the daily moving average, and left with some bulls at the end of the session.
[brief Review of SMM Copper Futures] the atmosphere of industrial products is not good. The main force of Shanghai Copper has fallen slightly in recent days. The average pressure is becoming more and more obvious.
In terms of aluminum, aluminum prices fluctuated slightly today, with SMM A00 aluminum prices slightly down 30 yuan / ton to 19820 yuan / ton compared with last Friday, and recycled aluminum prices stabilized. Domestic prices, domestic large recycled aluminum enterprises remain unchanged, including the monthly freight price of about 19000-19300 / ton.
[ADC12 Price Daily Review] Aluminum prices fluctuate in a narrow range and recycled aluminum prices remain stable.
In terms of lead, the intraday lead 2109 contract high opened at 16045 yuan / ton. At the beginning of the day, the lead shock uplink, and then maintained a narrow range after touching the intraday high of 16150 yuan / ton. It finally closed at 16090 yuan / ton, up 165yuan / ton, or 1.04%. The position decreased by 5005 to 74024 hands, and the trading volume of 93300 intraday short sellers gradually left the market. Lead broke the 5-day and 10-day moving average and went strong above the intraday moving average.
[brief Review of lead in SMM period] lead successfully broke the EMA and pressed back to the Wanliu pass.
In terms of black series, thread fell 5.63%, hot coil fell 6.31%, coke fell 1.46%, coking coal fell 1.21%, iron ore rose 2.63%, stainless steel fell 3.03%, and the coke market in Shanxi was strong. Last week, some coke enterprises in Shanxi raised the price of coke by 120 yuan / ton. yesterday, a mainstream steel mill in Hebei informed suppliers that the purchase price of coke rose by 120 yuan / ton. so far, mainstream steel mills have basically accepted this round of increase. Luliang, Linfen, Changzhi, Taiyuan, and Jinzhong and other areas basically landed.
[SMM Coke spot Daily Review] implementation of coke price increase in mainstream steel mills
Crude oil fell 0.64% in the previous period, and the epidemic factor is an important factor affecting the decline in oil prices. The market weighs the expectation of supply shortage and the impact of novel coronavirus variant Delta on demand. There are signs of a rise in the number of new confirmed cases of the novel coronavirus epidemic around the world, and the number of new confirmed cases in Japan, which is hosting the Olympic Games, has also increased significantly, including the re-implementation of the blockade policy in Southeast Asia, Europe and other regions. Due to the tightening of epidemic prevention measures in some countries in the Asia-Pacific region, the impact of the epidemic is greater than that in Europe and the United States. The recent deterioration of the epidemic situation in the major crude oil consumer markets has had an impact on market expectations, and the pressure on crude oil has declined.
In terms of precious metals, Shanghai gold fell 1.22%, Shanghai silver fell 0.33%, and precious metals fell after St. Louis Fed Chairman Brad unexpectedly made hawkish remarks, coupled with the good performance of US economic data, the rise of the dollar and the downward pressure on gold and silver.
"check the metal futures market.
[stock market close] A-share market volume rose sharply, salt lake lithium extraction, energy storage continued to rise
Today, the volume of the A-share market rose sharply, with turnover exceeding 1.5 trillion yuan, Shanghai and Shenzhen 300 up 2.55%, Shanghai Stock Exchange 50 up 2.5%, Prev 1.97%, Shenzhen Composite Index 2.25%, and gem up 1.55%. The two markets showed a general upward trend throughout the day, with nearly 3600 stocks floating red, falling less than a thousand stocks, and low-level construction machinery, building materials, liquor stocks and so on. High recently led the rise of the chip, lithium mining stocks have a substantial differentiation. Affected by the decline in commodities, steel and coal opened lower, salt lake lithium extraction, energy storage continued to rise, the recently adjusted liquor, food and beverage plate rebounded sharply, Guizhou Moutai bottomed out rose more than 4%, Huangtai liquor industry, alcoholic liquor rose by the limit. Military industry, industrial Internet, securities, and automobiles are active all day. BYD sealed the board in the afternoon, with a turnover of more than 17 billion. On the disk, salt lake lithium extraction, liquor concept, aero-engine and other top increases, iron and steel, MCU chip, coal concept, such as the decline in the forefront. As of the close, the Prev index rose 1.97% to close at 3464 points, the Shenzhen Composite Index rose 2.25% to close at 14798 points, and the gem index rose 1.55% to close at 3493 points.
