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Copper market afternoon comment: Peru and other copper-producing countries lockdown measures to reduce supply or interrupt logistics, domestic copper stocks continue to decline, demand recovery signs support prices, macro surface for the time being, is expected to continue to rise
today.
Today's Shanghai electrolytic copper spot contract reported a premium of 80 yuan / ton ~ 100 yuan / ton, flat water copper trading price of 41900 yuan / ton ~ 42030 yuan / ton, and premium copper trading price of 41910 yuan / ton ~ 42040 yuan / ton
.
Shanghai copper pressure 42,000 yuan / ton below the mark
.
Traders in the morning are active in inquiry, the spot market stalemate remains unchanged, the market continues yesterday's quotation, premium 80 ~ premium 100 yuan / ton, flat water copper a small amount can be pressed price as low as 70 yuan / ton, good copper quotation as low as 90 yuan / ton can be received, the trading atmosphere is slightly better than yesterday
.
In the second trading stage, the source of low-priced flat water copper has been difficult to find, flat water copper price is 90 yuan / ton of premium, good copper maintenance stable premium 100 yuan / ton, but the transaction heat is not as good as the morning market, downstream to maintain just demand, wet copper slightly raised quotation to around
50 yuan / ton.
The quotation of the holder is also unchanged, some traders have a low price, but the pressurable space is limited, the transaction is mainly based on the receipt of goods by traders, and the value of the holder is hindered under the continuous rebound, and the premium is forced to maintain a firm attitude
.