April 17 Copper Market Afternoon Review

Today's Shanghai electrolytic copper spot contract reported a premium of 30 yuan / ton ~ 140 yuan / ton, flat water copper trading price of 49460 yuan / ton ~ 49560 yuan / ton, and premium copper trading price of 49560 yuan / ton ~ 49660 yuan / ton
.
The performance of Shanghai copper fluctuated in range, and copper ran along the line of 49400 yuan / ton
.
Yesterday afternoon there was no discount outflow, at the beginning of today's morning market holders quoted a premium of 30 ~ 140 yuan / ton, bargain buying increased, traders continued to lead the market transaction, flat water copper plate can initially receive a small number of low-priced sources, soon low-price sources are scarce, the quotation is raised to around 40 yuan / ton, good copper purchase volume is not as good as flat water copper, slightly adjusted to 120 ~ 130 yuan / ton concentrated transaction
.

Wet copper continued to be tight and high-priced, and the quotation rose to around
50 yuan / ton compared with yesterday.
The willingness of the holders to raise the price has been unceasing, and the receipt of goods is still continuing, but with the rise of the premium, the purchase volume has decreased slightly, and the flat water copper has not yet supplemented the domestic performance of the tightening background, the rising speed is faster and the favor is higher
.
The market is still brewing a consolidation period, spot has gone strong first, and the market is lacking consumption to further stimulate
it.