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August 10 Copper Market Brief Review

 Last Update: 2022-12-12
 Source: Internet
 Author: User

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copper tin

copper sulfate pentahydrate

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The center of gravity of the copper market continues to slowly move upward, the morning market holders quote a premium of 30~60 yuan / ton, good copper can be pressed to a premium of 50 yuan / ton, buying is acceptable, flat water copper wants to top the price, but as some traders lower the price of flat water copper to 20 ~ 30 yuan / ton, the transaction is gradually driven
.
In the second trading session, the price difference rose to 90~100 yuan / ton in the next month, traders actively charged good copper, low price good copper is difficult to find, good copper price premium 60 ~ 70 yuan / ton, flat water copper maintenance stability premium 30 yuan / ton, wet copper maintained yesterday's quotation discount 20 yuan / ton ~ flat water, downstream trading is general
.
Today's market inquiry atmosphere is active, low-premium sources are still attractive, and the proportion of trade speculators entering the market is still dominated
by market transactions.
The next month spread determines the premium range before next
week's delivery.

Copper City

South Reserve East China: the average spot price of electrolytic copper was 49,800 yuan / ton, up 310 yuan / ton; The liter discount quotation, 30 to 60 yuan, flat
.
In East China, there are more shippers in the market, and the downstream due to the rise in copper prices into the market is not high willingness to purchase, and the transaction is not smooth, but the holders are unwilling to dump goods at a low price, and firmly maintain a good copper premium 60, flat water copper premium 30 line, some traders continue to buy at a low price, and the overall trading atmosphere is poor
.
Today's premium copper mainstream trading pair futures contract premium 60-70 yuan, flat water copper premium 20-30 yuan, wet copper discount 10 yuan to flat water
.

South China Reserve: the average spot price of electrolytic copper was 49,870 yuan / ton, up 290 yuan / ton; The premium was quoted at 90 to 130 yuan, down 25
.
In Guangdong, the market trading atmosphere continued to weaken near the weekend, and holders have lowered their premium shipments, but receivers are cautious, worried that next week's premium will still be low, and the desire to receive goods is not high, and only some just need to purchase in the right amount
.
Overall, today's trading is mainly concentrated on terminal users, and inter-trader trading is not active
.
Today's premium copper mainstream trading pair futures contract premium 130-140 yuan / ton, flat water copper premium 80-100 yuan / ton
.

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