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April 10 copper market noon review

 Last Update: 2022-12-15
 Source: Internet
 Author: User

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Copper market summary: global economic growth worries again limit the upward trend, overnight London copper ended the day stable to close up $1, investors focus on China's demand outlook, copper price bottom support, is expected to be limited today
.

Copper City

Today's Shanghai electrolytic copper spot contract reported a premium of 20 yuan / ton ~ 140 yuan / ton, flat water copper trading price of 49320 yuan / ton ~ 49400 yuan / ton, and premium copper trading price of 49420 yuan / ton ~ 49500 yuan / ton
.
Overnight, the Shanghai copper rush was hindered from pulling back, and today's copper price continued to fluctuate
around 49,300 yuan / ton.
Holders of the morning market quotation premium 20 ~ 150 yuan / ton, the market continues to perform stalemate saw, good copper can be pressed to 130 ~ 140 yuan / ton, flat water copper holder quotation is more persistent, maintain a premium of 20 yuan / ton nearby, it is difficult to find a low-price source, wet copper stability quotation discount 80 ~ discount 50 yuan / ton, downstream continue to buy at a low price, although traders have the willingness to receive goods at a low price, but the price reduction space is limited
.

Today's next month price spread continues to stabilize at about 130 yuan / ton, the quotation of cargo holders is stable, the price trend remains unchanged, and the actual transaction market conditions are still
deadlocked.
If the spread remains stable before delivery, it is difficult to change
the spot premium.

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