April 15 copper market noon review

Today's Shanghai electrolytic copper spot contract reported a premium of 70 yuan / ton ~ 200 yuan / ton, the trading price of flat water copper was 49390 yuan / ton ~ 49470 yuan / ton, and the trading price of premium copper was 49500 yuan / ton ~ 49570 yuan / ton
.
China's March social finance data exceeded expectations, market confidence was boosted, base metals generally rose, copper futures contract rose above
49,300 yuan / ton.
Today is the last trading day of the 1904 contract, but the market has shifted to the next month's 1905 contract quotation, and the next month price spread fluctuates frequently between 140-160 yuan / ton
.
Today's morning market on the 1905 contract quotation discount 60 ~ premium 60 yuan / ton, the supply is abundant, the holder's quotation is enthusiastic, the transaction is blocked, some holders take the initiative to lower the quotation, good copper quotation premium 40 ~ 50 yuan / ton range, flat water copper is generally around the discount of 70 yuan / ton, wet copper concentrated transaction in the discount of 160 ~ discount 140 yuan / ton
.

The market quoted the 1904 contract, good copper premium 180 ~ 200 yuan / ton, flat water copper quotation is around 70 ~ 100 yuan / ton, wet copper sticker 20 yuan ~ premium 20 yuan / ton
.
In the face of the rising plate, the premium rises together, the downstream is cautious in taking goods, still waiting and seeing, traders are also slightly cautious, low activity, supply and demand sides continue to see
.
Although the entire market is active today, the trading is light, and the delivery day is high for the
month's quotation.
Today's market quotations revolve around the 1905 contract, and after tomorrow's month, holders may gradually narrow and increase the quotations
of discounted sources.