-
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
Today's Shanghai copper retracement is dominated by high volatility, and the main 2106 contract of Shanghai copper closed at 71890 at the end of the day, down 440, or 0.
61%.
During the day, Shanghai copper fell back and fluctuated, and the overall state was stable
.
Domestic April official PMI data fell slightly, the US economy recovered strongly to continue to support copper prices, the current high prices on the downstream stocking sentiment has been suppressed, it is expected that short-term Shanghai copper high volatility, waiting for further stabilization after looking for a stronger performance
.
In the macro aspect, the epidemic situation in major countries has improved, but some emerging market countries have remained at a high level, and the resumption of work in Europe and the United States has continued to improve; The US dollar index continued to weaken as the Fed left interest rates unchanged in its interest rate decision, saying that the rise in inflation was mainly due to
"temporary factors", the economy accelerated the recovery but still refused to tighten policy.
On the supply side, Chilean strikes are disrupted; Short-term TC rebounded slightly, refined copper production grew rapidly, and imports also showed a high growth rate
.
On the demand side, the marginal recovery of terminal demand, but the inflection point of domestic copper inventories is not obvious, and the downstream fear of heights after the sharp rise in copper prices is obvious
.
Overseas inventories are dematerializing, and overseas factors dominate
.
