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📅 2026-10-23 · Algo brief · 19:00 ET (prev day)

This report is provided by MacroTerms.com

Data as of: 2026-10-23 · Settlement: Exchange settlement (15:00 Beijing close, vs prior settlement)
Generated: 2026-10-23 07:15:21 · Benchmark settle: 2026-10-22
Body, Best Trade and charts share the same settlement snapshot; intraday live prices are not part of conclusions

2026-10-23 Morning Report: Shanghai copper net shorts increase, Shanghai nickel longs continue to add positions

Overall black commodities see increased net shorts; main contract net shorts for rebar and hot-rolled coil expand, but iron ore warehouse receipts surge sharply; watch support at 662.33 and resistance at 677.83.

Single-name briefs Deep dive

SHFE GoldSHFE.AU 2026-10-23
Shanghai Gold (AU2612) In-Depth Report | Bearish Bias: 20-Day Low Broken, Crowded Longs Retreat | 2026-10-23
SHORTneutral_context
Deep diveRead
SHFE SilverSHFE.AG 2026-10-09
Shanghai Silver (SHFE.AG) In-Depth Analysis Report | Bears in Control, Below 14745 Target 14220 | 2026-10-09
SHORTneutral_contextrevisedLegacy coverage
Deep diveRead
SHFE CopperSHFE.CU 2026-10-23
Shanghai Copper (CU2611) In-depth Analysis Report | Bearish Bias: Breaks Below 20-Day Channel Lower Band on Rising Open Interest | 2026-10-23
SHORTdaily-briefaligned
Deep diveRead
RebarSHFE.RB 2026-10-23
Rebar (SHFE.RB) In-Depth Analysis Report | Bears in control, watch 3046 support | 2026-10-23
SHORTneutral_context
Deep diveRead
Iron OreDCE.I 2026-10-23
Iron Ore (I2701) In-Depth Analysis Report | Bearish: Breaking Below 20-Day Low on Rising Open Interest | 2026-10-23
SHORTneutral_context
Deep diveRead
LogsDCE.LG 2026-10-23
DCE.LG (LG2701) In-Depth Analysis Report | Bearish Bias: Broke Below Prior Low of 809, Weak Valuation and Inventory | 2026-10-23
SHORTno_house_view
Deep diveRead
INE CrudeINE.SC 2026-10-23
Crude Oil (INE.SC) In-Depth Analysis Report | Bearish Bias: Strong Abroad, Weak Domestically, SC Premium Turns Negative | 2026-10-23
SHORTneutral_context
Deep diveRead
SHFE Fuel OilSHFE.FU 2026-10-23
SHFE.FU (FU2701) In-Depth Analysis Report | Slightly Bullish: Rising on Increased Open Interest, Crack Spreads at Highs | 2026-10-23
LONGno_house_view
Deep diveRead

Previous briefs

2026-10-23：Intl dailyCommodities Pre-Open | 2026-10-23 View 2026-10-23：China daily2026-10-23 Morning Report: Shanghai copper net shorts increase, Shanghai nickel longs continue to add positions Current 2026-10-22：Intl dailyPre-Open Brief 2026-10-22 — WTI settles 97.71 (-4.01%) View 2026-10-22：China daily2026-10-22 Morning Report: Nickel Strong, Copper Weak, Precious Metals Range-Bound, Glass Dips on Rising Open Interest View 2026-10-21：Intl dailyCommodities Pre-Open Brief 2026-10-21: WTI Crude Gaps -3.5% in Asia as Brent Holds View 2026-10-21：China daily2026-10-21 China Futures Morning Report: Coking Coal Settlement 1408, Shanghai Silver Settlement 13861 View 2026-10-20：Intl dailyPre-Open Brief 2026-10-20 — WTI settles 103.66 (+2.22%) then Asia gaps to 98.27 (Asia) (-5.20%) View 2026-10-20：China daily[Morning Brief] Commodity Market Under Pressure and Diverging, Shorts Dominate Black and Nonferrous Metals: 2026-10-20 View 2026-10-19：Intl dailyCommodities Pre-Open Brief 2026-10-19: Oil Backwardation Widens, Gold Holds 4181 View 2026-10-19：China daily2026-10-19 Morning Report: Precious Metals Night Session Rebounds, Black Series Diverges, Crude Oil Geopolitical Premium Persists View 2026-10-18：Intl dailyCommodities Pre-Open Brief 2026-10-18: Oil Surge, Gold Steady, Copper Divergence View 2026-10-18：China daily2026-10-18 Morning Report: Gold and Silver Night Session Rebound, Crude Oil Geopolitical Premium Dominates, Black Series Divergence Continues View 2026-10-17：Intl dailyPre-Open Brief 2026-10-17 — WTI at 101.41 settle leads energy complex; silver 20D -14.66% View 2026-10-17：China daily2026-10-17 Morning Report: Precious Metals Stabilize in Night Session, Black Series Divergence Intensifies View 2026-10-16：Intl dailyPre-Open Brief 2026-10-16: WTI at 97.97 Settled +3.03%, Asia Fading to 96.13 (Asia) View 2026-10-16：China daily2026-10-16 China Futures Morning Report: Shanghai Silver Falls Nearly 5%, Leading Market Decline; Crude Oil SC Stabilizes After Night Session Giveback View 2026-10-15：Intl dailyCommodities Pre-Open Brief 2026-10-15 View 2026-10-15：China daily2026-10-15 China Futures Morning Report: Precious Metals Plunge, Chemicals Move Against Trend, Black Complex Diverges as Coking Coal Momentum Fades View 2026-10-14：Intl dailyCommodities Pre-Open Brief 2026-10-14: Gold Anchored at 4177.3, WTI Backwardation Widens to 0.88 View 2026-10-14：China daily2026-10-14 China Futures Morning Report: Precious Metals Give Back Night Session Gains, Energy & Chemicals Rise Against Trend View

⟠ This month's strategy backtest

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