-
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
Copper mainstay futures exploded in the afternoon on Monday, jumping 1.
22% to 69,660 yuan a tonne
on the day.
Today's Shanghai copper high volatility closed up to 69450, up 730, or 1.
06, Shanghai copper rebound converged overnight trading fall, maintaining a high volatility market during the day
.
Chile's short-term lockdown due to the epidemic will not have much impact on the supply side of copper mines, and there is no particularly obvious increase on the demand side, so the main reason for the rise in copper prices is macro expectations
.
Despite the uncertainty of economic recovery due to repeated outbreaks in Europe and vaccine-related issues, the ECB has insisted on loose monetary policy, and they are not worried about inflation caused by loose monetary policy
.
In addition, the beautiful economic data of the United States also provides strong confidence
in the market.
Strategically, it is recommended to hold the currency in the short term and continue to hold
it in the medium term.
At present, the copper market mainly follows the change of market confidence, and with the approaching of China's traditional consumption season, the increase in demand expectations has promoted confidence to enter the market, driving Shanghai copper to hit the 70,000 mark
.
However, on the other hand, the delay in the departure of domestic copper stocks may hit the upward momentum of fundamental consumption
.
It is expected that the short-term Shanghai copper high shock accumulating strength, pay attention to the performance of the upper 70,000 pressure level, and then maintain the preference outlook
.
