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Overnight, London copper opened at 6913 US dollars / ton, rose slightly at the beginning of the session, and then dragged down by the sharp fall in zinc prices, showing a volatile downward trend, and the decline slowed down in the afternoon, finishing at 6850 yuan / ton line
.
After entering European time, the center of gravity moved up, the amplitude increased, and then fell sharply, running in the range of 6780 US dollars / ton to 6800 US dollars / ton, and the center of gravity moved up at the end of the day, slightly handed over the daily moving average, closing at 6821 US dollars / ton, down 90.
5 US dollars / ton, down 1.
31%.
The trading volume increased by 2,202 lots to 19,937 lots, and the position increased by 5,323 lots to 318,000 lots
.
China and the United States have not yet conducted negotiations at any level on economic and trade issues, and worries about trade war linger; China's economic growth has slowed, raising concerns about weak metal demand; The dollar rebounded from its lows on Thursday night, with the dollar index closing up 0.
29% at 89.
784
.
Overnight, the metals market came under pressure and generally declined
.
As the United States wants to carry out a military strike on Syria, market nervousness appears, London copper overnight long funds profit taking pressure, performance significantly fell lower, has fallen below the $6900 line, in the long run, the shortage of scrap copper supply to copper prices is better support, the overall decline in copper prices is limited, downstream expected consumption gradually recovers, it is expected that today's London copper or continue to shock consolidation
.
