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    Home > Chemicals Industry > New Chemical Materials > April 13 Copper Market Brief Review

    April 13 Copper Market Brief Review

    • Last Update: 2022-12-09
    • Source: Internet
    • Author: User
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    Today's Shanghai copper main 1806 contract opened at 50320 yuan / ton
    in the morning.
    At the beginning of the session, the copper market entered the market, pulling up copper prices upward away from the daily moving average, touching 50620 yuan / ton
    .
    After the upward momentum was insufficient, it fell slightly, and it was sorted out at 50530 yuan / ton line, and the center of gravity slowly moved
    up.
    In the afternoon, the high fell back, touching the height of 50680 yuan / ton, and then the shock ran in the range of 50550 yuan / ton to 50590 yuan / ton
    .
    It fell slightly at the end of the day, closing at 50520 yuan / ton, down 340 yuan / ton
    .

    Copper City

    South Reserve East China quotation: the average spot price of electrolytic copper was 50560 yuan / ton, down 120 yuan / ton; Liter discount quotation, 40 to 70 yuan, up 55
    .
    In East China, the downstream demand is sluggish, the sentiment is general, there are many shippers in the market, and the overall trading atmosphere is general, but the holders insist on shipping at a high price, and the premium has risen
    again compared with yesterday.
    As of the close, the premium copper mainstream trading pair futures contract premium 70-80 yuan, flat water copper premium 40-50 yuan, wet copper premium 0 yuan
    .

    South China Reserve quotation: the average spot price of electrolytic copper was 50760 yuan / ton, down 230 yuan / ton; The price of the liter discount was 250 to 270 yuan, down 55 yuan
    .
    In Guangdong, although inventories continue to decrease today, near-delivery holders are actively selling warehouse receipts stimulated by high profits; And the market expects a significant increase in arrivals next week, which will continue to decline during the day
    .
    The receivers are more cautious, just purchasing low-priced sources at low prices, and the overall transaction is not active
    .
    As of the close, the premium copper mainstream trading pair futures contract premium 270-280 yuan, flat water copper premium 240-250 yuan, imported wet copper premium about
    200 yuan.

    Today, Shanghai nickel strongly led the non-ferrous sector, and the main 1806 contract of Shanghai copper ran above the daily moving average as a whole, showing a volatile upward trend
    .
    From a technical point of view, touching the 5-day and 10-day moving averages upwards, the pressure is obvious
    .
    KDJs tend to expand
    downward.
    It is expected that the main 1806 contract of Shanghai copper will run in the evening, climbing up to the 50700 yuan / ton line, paying attention to the trend
    of the external market.

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