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    Home > Chemicals Industry > New Chemical Materials > April 8 Shanghai copper afternoon review

    April 8 Shanghai copper afternoon review

    • Last Update: 2022-12-15
    • Source: Internet
    • Author: User
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    Today's Shanghai copper opened low and rebounded slightly, as of the close of the day Shanghai copper main force 49310 (-220, -0.
    44%)
    .
    Affected by the fall in the external market during the holiday, Shanghai copper opened low in early trading, but under the condition that domestic production and credit data gradually picked up, it drove the overall rebound of the manufacturing industry, which had a certain supporting effect
    on Shanghai copper prices.
    As the peak demand season has gradually begun to show, the operating rate of copper manufacturing industry has gradually recovered
    .
    It is expected that Shanghai copper will return to the oscillation range of 49000-49600, and it is expected to fluctuate more
    in recent days.

    Shanghai copper

    Spot is expected to attract downstream bargain hunting replenishment due to the decline in the market, but the recent strong willingness of holders to raise prices, and because of the small proportion of good copper, the premium is high, and it is expected that it will be difficult to reduce
    today.
    It is expected that today's London copper 6400-6450 US dollars / ton, Shanghai copper 49200-49600 yuan / ton, spot premium 20-liter 180 yuan / ton
    .

    According to data released by the China Federation of Logistics and Purchasing on the 6th, the global manufacturing PMI in March was 51.
    7%, a slight increase of 0.
    2 percentage points from the previous month, and the current global economy continued to grow moderately; the ninth round of Sino-US high-level economic and trade consultations was successfully concluded, and the text of the agreement such as technology transfer was discussed, and new progress was made to support copper prices, and spot copper prices are expected to rise and fall today
    .

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