The iron ore fundamentals tend to be loose.
The coke and coke market is weak, and the first round of coke price reduction by the steel plant has been implemented, with a decrease of 100-110 yuan/ton.
The weekly production and sales of the factory were 58.88%, down 17.81% month on month.
Due to the impact of the epidemic on transportation, the domestic aluminum ingot club warehouse is still decreasing, the trend of LME inventory accumulation remains unchanged, and overseas demand continues to be sluggish.
The export of all steel was 319000 tons, up 3% year on year and down 7% month on month+ +++++++++++++++++++++black series deformed steel bars and deformed steel bars are in stable operation in stock.
With the expansion of the increase in the market, the premium of Jinchuan nickel was lowered.
The trading of northbound funds was suspended in the afternoon trading period due to the typhoon and Hong Kong stocks, and the net sales of 7.5 billion were sold throughout the day.
The domestic spot nickel price of nickel rose.
It should be noted that they are at the bottom stage, capital confidence is not stable, and there is profit taking and selling pressure under the continuous rebound+ ++++++++++++++++++++++Energy and Chemical PTAPTA weekly commencement decreased by 4% to 73.6% month on month, a year-on-year decrease of 9.10%.
As of October 28, the operating load of all steel tires of tire enterprises in Shandong was 47.29%, down 4.50 percentage points month on month and 12.46 percentage points year on year.
Supported by weight, white horse stocks also began to recover.
The number of days of short inventory was 12.9 days, an increase of 0.6 days month on month and 5.1 days year on year.
The pure nickel import window continued to open, and under the impetus of profits, traders actively imported, and a large number of imported goods flowed to the domestic market; The nickel price maintained strong shock+ ++++++++++++++++++++monitoring data of agricultural product meal showed that as of last Friday, the total soybean inventory of domestic oil plants was only 2.7 million tons, with a weekly decrease of 579000 tons, the soybean meal inventory was 21500 tons, with a weekly decrease of 55000 tons..
The price of coking coal will continue to be depressed, giving way to downstream profits+ ++++++++++++++++++++++Precious metals and non-ferrous metals copper recently released a number of US economic data, which led to the swing of interest rate increase expectation.
The starting load of semi steel tires of domestic tire enterprises was 55.63%, down 9.43% month on month and 0.02% year on year.
Weaving operation rate dropped significantly from 8% to 66% month on month, down 7.00% year on year; The printing and dyeing load has been reduced by 5% to 75%.
The price of coking coal has no obvious strength support in the short term, which affects the continuous weakening of the price of some kinds of coal.
Due to the continuous weakening of demand, the coking coal depot at the coal mine site has accumulated to varying degrees, and the proportion of online auction and unsold auction is increasing.
MEG port inventory was 834000 tons, a month on month decrease of 89000 tons and a year-on-year increase of 228000 tons; MEG forecasts 180000 tons, an increase of 106000 tons month on month and a decrease of 32000 tons year on year.
The load of staple polyester staple fiber was 82.4%, unchanged from the previous month, with a year-on-year decrease of 1.00%.
The short-term rebound of Shanghai Zinc did not change.
The traders were obviously wait-and-see, and the transaction performance was blocked.
+++Click the blue words to follow us+++++++++++++Macro and financial futures stock index continued to rebound on Wednesday, and the transaction between the two markets was amplified to 1.05 trillion.
The average daily hot metal output of iron ore continued a moderate decline on a month on month basis, still in a high position, and the overall demand side did not change significantly.
At present, the overall supply remains at a medium high level, and the supply reduction is not expected to be sufficient.
The resumption of production in Sichuan is slower than planned, and the power tension in Yunnan has not been alleviated.
The polyester load was 84.1%, increasing 0.10% month on month and decreasing 0.10% year on year.
The load of polyester filament is 69.2%, decreasing 0.20% month on month and 2.30% year on year; The bottle load remained unchanged to 91.2%, with a year-on-year increase of 17.40%.
With the coming of winter in the north, the demand will gradually fall back.
Aluminum prices fell in shock.
Affected by the drag of the real estate industry and the decline of the off-season, the demand is weakening.
Copper price is expected to fluctuate mainly.
The inventory of finished pure polyester yarn was 30.0 days, an increase of 0.7 days month on month.
The market is still in a weak balance between supply and demand, and the sustainability of the rebound is questionable.
LME copper inventory has decreased more than 6000 tons in a single day in the last three trading days, and the inventory level has fallen to a low level of nearly one and a half months.
The current situation of light market continued.
At the same time, the cost support of coking coal will weaken.
The processing fees of zinc ores at home and abroad continue to rise, and zinc ores are gradually easing.
The black industry chain is still in the negative feedback stage.
It is expected that the volatility will remain weak in the near future, and the price will keep a downward trend in the medium and long term.
In terms of aluminum electrolysis and aluminum, new production capacity and resumption of production have been put into operation.
The coking coal market is weak.
The market has expected to slow down the expectation of subsequent interest rate increase.
The spot price of double coke will not change, and the coke supply and demand will gradually shift to a loose one.
The domestic zinc output increased month on month in September, and it is expected that the output will continue to increase in October.
It is expected that the price of domestic construction steel market will fall mainly due to shocks, and the interest rate increase in the United States will be concerned.
It is expected that coke will remain mainly in a volatile and weak operation.
The operating rate of polyester yarn decreased by 2.5% month on month (63.5%), and the raw material inventory of the polyester yarn factory decreased by 1.1 days month on month (7.7 days).
The inventory at home and abroad is at a low level.
The operating rate of the downstream demand terminal continued to decline month on month, and the demand was weak.
In September, the export of steel was 184500 tons, down 5% year on year and 16% month on month.
The total capacity utilization rate of ethylene glycol in China was 53.96%, up 1.64% month on month, of which the capacity utilization rate of integrated units was 64.16%, up 2.04% month on month; The capacity utilization rate of coal to ethylene glycol was 35.66%, up 0.95% month on month.
Shanghai copper warehouse receipt inventory is also declining, but the mine end is generally loose, and the profits of smelters are expanding, Domestic refined copper supply is expected to increase.
