-
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 market early comment: LME copper prices rose slightly during the holiday, and the LME was generally in a narrow range of $10,100-10,500
.
Concentrate and smelting supply is expected to remain stable this year, with the latest report of concentrate processing fees of $80 in the second quarter, well above the spot $
70.
At the macro level, although the Fed's interest rate decision in March raised interest rates less than expected, US Treasury yields rose sharply due to the hawkish comments of Fed officials, which may have a somewhat restraining effect
on copper prices.
However, the current situation of high inflation is relatively favorable
to copper varieties and even the entire non-ferrous sector.
At present, demand has entered the traditional peak season, but the situation in Russia and Ukraine has disrupted the operating rhythm of copper itself, and the recent rise of the domestic epidemic has also raised market concerns
.
The market expects infrastructure investment to be better than last year, especially the demand for copper from new energy may make up for the decline in real estate and other industries, and support copper prices
in the medium and long term.
Short-term copper prices may fluctuate in range, it is recommended to pay attention to the domestic epidemic, spot demand, copper downstream starts, inventories and other conditions
.
