SMM1 March 20: today's dollar index fell twice, crude oil futures fell back after hitting a new high yesterday, as of 16:41, the dollar fell 0.1%. Us crude fell 0.63% and Brent fell 0.85%.
By the end of the day, metals closed higher across the board, while Shanghai Aluminum closed almost flat, closing down 0.09%. Shanghai nickel rose by the daily limit and brushed a new high. Shanghai tin rose four times in a row and closed up 4.78% today, following an innovative high.
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In the black series, stainless steel rose by the daily limit at one point and fell in late trading, closing up 6.6% today; iron ore, thread and hot rolling rose three times in a row, all of which were lower than yesterday (January 19). Today, iron ore rose 1.3%, thread rose 0.32%, and hot rolling rose 0.02%.
In the coal sector, thermal coal rose four times in a row, which was lower than that of yesterday (January 19). It rose more than 1% today, coke rose 0.57%, and coking coal rose 0.41%.
LME metal futures showed an overall concussive upward trend today, as of about 15:40, the whole line was red, Lun aluminum rose for the sixth day in a row; Lunxi rose four times in a row, hitting a new high today; Lunni is not to be outdone, also recorded a new high.
As of 15:42, the metal futures market:
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SMM Daily Review
Alumina: at present, rumors of production reduction in the northern region are becoming more and more intense, and there are different opinions in the market, and the production reduction is expected to expand from Shandong to Shanxi and Henan, but the current large-scale production reduction has not yet landed, and the price rise is still dominated by mood in the short term. In order to ensure the stability of production, the willingness of purchasing stocks for rigid demand has increased before the Spring Festival, the activity of procurement and inquiry in the southwest has increased, and the frequency of southward goods going northward has been accelerated. Today, the SMM regional weighted index was 3060 / ton, up 53 yuan / ton from yesterday; Shandong was reported at 3030-3120 yuan / ton, compared with yesterday.
Market activity in Southwest China increases the frequency of alumina from the south to the north is accelerated [SMM Daily Review]
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Stainless steel: today, the spot prices of all departments in Foshan market have increased slightly, although the transaction is still in a relatively insipid state, but due to the explosion of the Tagaung Taung power supply tower in Myanmar, tin and nickel on the disk are greatly affected by it, and the non-ferrous general rise drives stainless steel, so there is a major breakthrough in today's futures. The afternoon limit rises. According to the market, although the market is basically in a state of holiday, traders who are still working have maintained a relatively Buddhist mentality before. It is not very good to adjust the spot price, and today, even if the Foshan market is raised by 100-200 yuan / ton, there will still be a small number of pick-up goods one after another, and although ….
Non-ferrous red stainless steel trading limit spot market attitude is gradually optimistic [Foshan stainless steel daily review]
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The stock market closed
The index fluctuated and fell in the afternoon, and the three major indexes turned green across the board. On the market, the digital currency sector rebounded in the afternoon. The banking sector fluctuated and strengthened. Today, only a few plates rose, most of the plates are in a state of decline, the theme plate led the decline. On the whole, today's stocks fell more than rose less, more than 3800 stocks in the two markets fell. Today's turnover on the Shanghai and Shenzhen stock markets is 1.129 trillion, 63.7 billion higher than that of the previous trading day.
On the market, securities, digital currencies and other sectors rose in the forefront. Salt lake lithium extraction, education, oil and gas, meta-universe, mobile games and other plates led the decline.
By the close, the Prev index was down 0.09%, the Shenzhen index was down 0.06%, and the gem index was down 0.32%. Northbound funds bought a net of 12.576 billion yuan today, of which Shanghai shares bought 7.837 billion and Shenzhen stocks bought 4.74 billion.
The non-ferrous metals sector fell for the third day in a row, with the sector index down 2.17% today. In terms of individual stocks, only 11 shares floated red, while Societe Generale Mining rose 3 times in a row and rose by the daily limit. Shengda Resources rose nearly 3%, Pengxin Resources rose 2.37%, and Tongling Nonferrous rose nearly 2%.
The A-share three major stock indexes turned the green salt lake to extract lithium, oil and gas, meta-universe and other sectors led the decline [stock market close]
[SMM Today's News] Metal prices are rising by the daily limit of Shanghai Nickel and stainless Steel! Shanghai and tin set a new high | Summary of spot market performance
