Construction Information (4.12) - Copper and Aluminum

The "Risk Warning" section of the journal aims to describe the risk of long and short positions through the icon of the star flag. It can be used as a reference for investors when dealing with open positions. In practice, investors need to trade according to their own short-term lines. Different strategies and different varieties of fluctuations in the characteristics of a specific grasp. The specific star classification criteria are as follows: ☆ The reverse run range of new-year closing price may be less than 2%. ☆ ☆ The reverse run range of new-year closing price may be greater than 2%. ☆☆☆ The period price is reversed from the newer closing. The rate may be greater than 3%. ☆☆☆☆ The reverse run of the period from the newer close may be greater than 4%. ☆☆☆☆☆ The reverse run of the period from the newer close may be greater than 5%. Risk Warning: Bulls: ☆ Short Risks: ☆ Tips before the market: Orient: Copper: As the US dollar rebounded and weakened and domestic copper rose sharply, yesterday's LME copper shocks rose in March. It hit a record high for the day and closed at 3311.5 US dollars/ton. In the previous trading day, it rose by US$17.5/ton, and the fluctuation ranged from US$3,320 to US$3,286/ton. Yesterday, the LME copper stock increased by 450 tons to 47.125 million tons, a slight increase for the recent consecutive period. In the foreign exchange market, the market expects that the US trade deficit will expand to 58.8 billion U.S. dollars in February, which will cause the U.S. dollars to suffer pressure and fall. However, in the historically high position of the copper price, the U.S. dollar’s ​​weakness has failed to trigger more speculative buying. After all, it is unattractive. cold. Yesterday, domestic copper rose sharply again, and the squeezed position is still continuing. Since May’s April delivery, May is about to become the spot month. The May contract in May rose by a big margin to 860 yuan/ton. The spot month contract has already closed with domestic stocks. Consistently, with the emergence of domestic squeeze in these two days, the domestic Shanghai copper and foreign exchange prices are gradually recovering, which will make the domestic environment for imported copper to have improved. Once domestic imports of copper begin to increase, the domestic spot atmosphere will get The improvement is due to the fact that the copper price is at a historically high level and the risk is greater overnight. The operation should be based on short-term trading on that day. Yesterday, the domestic spot price rose again to 35700~35900 yuan/ton. Aluminium: Affected by the U.S. dollar, LME aluminum futures ran upwards yesterday, and ended the day at close at 1972.5 US dollars/ton, up by 24 US dollars/ton from the previous trading day, breaking the 20-day moving average, and there were still short-term impulses. can. Yesterday, LME aluminum inventories rose by 150 tons to 543,350 tons. Yesterday, the domestic Shanghai Aluminum was driven by the sharp rise in copper prices. Driven by a small amount of speculative buying, the price showed a trend of upward movement. The trading volume was enlarged. The resistance above the short-term 506 contract was at the first line of 17,000 yuan. The domestic spot price rose yesterday to 16720. ~16740 yuan/ton. Operation should be based on short-term trading. Ma Hongqing: The price of copper is still in an extremely strong innovation process. The potential downside risk of the dollar has expanded the room for copper price upwards. The supplement of SHFE has made the fund more accommodating in the operation of the market. For the moment, the pressure of reality is around 3350. Maintain a wait-and-see attitude. Overseas Express: LME Market Report: London April 11 news: London Metal Exchange (LME) copper closed higher on Monday, but out of the record high set earlier today, $ 3,320 per ton. Traders said profit settlement and technical resistance To make it fall from the top, one trader said, “The quiet and volatile market conditions have made the gains exaggerated. After setting a record high, the trend has become unnerving.” In Shanghai, copper prices have risen sharply due to tight supply and the dollar has weakened. During this period, copper recovered to above 3,300 US dollars and broke through the high of 3,308 US dollars set on March 31. At the end of the evening market composite trading, three-month copper closed at 3,308 US dollars, higher than last Friday's 3,287 US dollars. British businessmen Barclays. Capital International stated in its daily report that “copper prices are still high, with the possibility that speculative short covering will push up prices as the April copper futures of the Shanghai Futures Exchange expire on Friday (April 15). Extremely high." "We expect that before the second half of the year, output growth and weaker demand will not ease the upside momentum of copper prices." In Asia, copper on the Shanghai Futures Exchange rose, and the impact of the tight supply of spot copper has been closer to 4 Increased monthly period By May, brokerage MacquarieBank said on Monday that only after the price of copper fell, China’s National Materials Reserve Bureau will start to re-establish its position. Macquarie Bank also said that copper production has increased significantly, but production has not increased due to the bottleneck of refineries. Affecting the market. Traders are waiting for the US trade data scheduled for release on Tuesday and the Federal Reserve Board’s (FED) last month’s policy meeting records, which are expected to provide guidance for the US dollar. The strong copper futures have affected other metal contracts, even though The volume was generally low. Three-month aluminum rose by 23 U.S. dollars to 1,972 yen; zinc futures rose by 11 U.S. dollars to 1,377 yuan; lead rose by 2 U.S. dollars to 969/970 dollars. Ni and Ni have little to do today. Reported 16,150/250 US dollars, last Friday was 16,100 US dollars; the period reported 8,175/200 US dollars, Friday was 8,150/175. COMEX copper market reports: New York, April 11 News: New York Commodity Futures Exchange (COMEX) copper On Monday, it closed higher and hit a 16-year high in the session. The record high of copper in the London market led the market gains. The weakening of the US dollar also provided support. A broker said: “At the opening, it was boosted by the strong overseas market and the market was stopped. The disk was triggered and Arbitrage buying is taking place. Since then, the trend has been very calm." "We have to wait for the opening of tomorrow to see what is waiting for us." The indicator May copper rose to a contract high of $1.5275 per pound for 16 months. The high, which was 1.75 cents higher than the final settlement, was quoted at $1.5250. The daily low was $1.5035. One analyst pointed out that the copper's seven-week trading range of 1.4420-1.5210 could push the price above the earlier expected resistance of $1.57. This may point to 1.65. The spot April copper rose 1.85 cents to end at 1.5420 US dollars per pound, hitting the contract high at 1.5430 US dollars earlier. Other far-month contracts closed higher at 0.80-1.80 cents. The record high for copper at COMEX It was US$1.6065 in December 1988. Today's estimated volume is 19,000 lots, up from 18,388 lots last Friday.

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Flange is also called flange plate or flange plate.
The part that connects pipes to each other. Connect to tube end. There are holes on the flange, and bolts can be threaded to make the two flanges tightly connected. The flange is sealed with gasket.

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