-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
Overnight, the main 1706 contract of Shanghai copper opened at 46150 yuan / ton
.
At the beginning of the session, it slightly tested down to 46120 yuan / ton, and then fluctuated in a narrow range near the daily moving average, touched 46520 yuan / ton at a high level, and gradually weakened at the end of the session, closing at 46290 yuan / ton, up 250 yuan / ton, the trading volume decreased by 375,000 hands to 136564 lots, and the position decreased by 800 hands to 228926 lots
.
In the evening, Shanghai copper flat consolidation, the upper 5-day moving average pressure is significant, it is expected that today in the case of European and American traders temporarily leaving the market, Shanghai copper continues the low volatility pattern, the operating range is 46100 ~ 46500 yuan / ton
.
In terms of news, the prospect of the French election overnight once again caused market unease, the euro plunged and the US inflation, employment and consumer confidence index released overnight mostly performed well, the dollar rebounded sharply, recovering most of the previous day's decline, the base metals market in the black series of strong strength driven by the stabilization and recovery, except for nickel performance weakness, other varieties recorded gains
.
On the industry front, copper inventories on the Shanghai Futures Exchange have recently increased, while Indonesia has granted Freeport McMullen a "temporary special mining permit" that will allow the company to resume copper concentrate exports
during long-term mining talks.
Today's Shanghai copper current month 1704 contract opened at 45950 yuan, up 80 yuan, 09:10 Shanghai copper 1704 contract at 46050 yuan, up 180 yuan
.
Data show that China's copper imports in March were 430,000 tons, an increase of 26.
5% month-on-month, and the increase in domestic market demand boosted the copper market.
