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April 25 Shanghai copper afternoon review

 Last Update: 2022-12-15
 Source: Internet
 Author: User

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Overnight, the main 1906 contract of Shanghai copper jumped high at 49100 yuan / ton, opened low 48830 yuan / ton, and then affected by the external market, the bears closed their positions at a low level, and copper prices performed all the way up, until the end of the session tested 49300 yuan / ton, closing at 49240 yuan / ton
.

Shanghai copper

Due to today's rise in the market, it is more difficult to have a positive trading atmosphere, and holders will continue to lower their quotations
.
It is expected that today's Shanghai copper 49000-49400 yuan / ton, spot discount 40-liter 60 yuan / ton
.

In the first quarter, China's economic growth was better than expected, of which consumption continued to play the role of the first driving force, China's economic growth prospects improved, and consumption recovery in the peak season, copper concentrate growth limited supply tightening to support copper prices, spot copper prices are expected to rise
today.

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