echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > April 27 Copper Market Afternoon Review

    April 27 Copper Market Afternoon Review

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Copper market afternoon comment: global economic outlook improved demand recovery, overnight London copper closed up nearly 2.
    4% to hit a decade high, Chilean supply threatened by strikes, there may be just need to replenish stocks before the holiday, copper materials rose sharply today
    .

    Copper City

    U.
    S.
    durable goods orders excluding defense in March posted a monthly rate of 0.
    5% vs -0.
    8%
    previously.
    Tesla recorded first-quarter revenue
    .
    With the upcoming meeting of the Federal Reserve and the continuation of easing by the market, the dollar fell overnight and the highs of non-ferrous metals continued to rise
    .

    Overnight, Lun copper rose to close a new high in Changyang, opening slightly higher today and reaching a new high of $
    9,820.
    Shanghai copper opened higher and rose sharply overnight, closing at a new high in Zhongyang, closing at 71570
    .
    Shanghai copper trading declined, positions rose, market sentiment remained optimistic after the big rise, may continue to rise to a new high in the short term, and is expected to continue to rise in the medium term
    .
    Shanghai copper upper pressure 74000, lower support 68000
    .
    Today's international copper premium rose to 490 points compared with Shanghai copper, and the external sentiment remained optimistic
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.