-
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
Overnight, the Shanghai copper 1705 contract opened at 47900 yuan / ton
.
At the beginning of the session, the daily moving average fluctuated in a narrow range, touching 48160 yuan / ton at a high level, and then the long position copper price fell by 47400 yuan / ton, closing at 47540 yuan / ton, down 400 yuan / ton, and the position decreased by 2466 hands to 188880 lots
.
Overnight Shanghai copper was dragged down by the black lead, and it is expected to operate in the intraday range of 47400~47900 yuan / ton
.
Today's Shanghai copper current month 1704 contract opened at 47740 yuan, up 100 yuan, 09:10 Shanghai copper 1704 contract at 47450 yuan, down 190 yuan
.
Data showed that China's Caixin services PMI fell to a six-month low in March, and a slight weakness in China's economy clouded the outlook for metal demand, and Shanghai copper is expected to be weak and volatile today, and copper is now slightly lowered
.
In terms of news, Markit announced on Thursday that China's Caixin services PMI in March was 52.
2, below the previous value of 52.
6, and the March Caixin composite PMI was 52.
1, also below the previous value, both of which were six-month lows
.
The analysis believes that investors need to pay close attention to whether the economy ushered in an inflection point
in the second quarter.
In terms of the market, the transaction of low-priced sources is active, but the transaction of the near flat water level is suppressed, the price difference between brands is further narrowed, and the situation of strict investigation of logistics and transportation occurs in some sections of Shanghai, resulting in the impact of some surrounding warehouses, and the downstream on-demand receiving is the mainstay, the transaction is dominated by middlemen, and the intention of the cargo holders to pull up the water before delivery is obvious
.
The Shanghai copper 1705 contract passively fell yesterday night, and the lower part of the day can be retraced to stand firm at 47200 to try long, and fell below 47000 stop loss; Above can be near the 47950 line of light position short test, effectively break through the 48200 stop loss
.
