August 16 copper market noon review

Today's Shanghai electrolytic copper spot contract reported a premium of 20 ~ 70 yuan / ton, the trading price of flat water copper was 46380 yuan / ton ~ 46510 yuan / ton, and the trading price of premium copper was 46410 yuan / ton ~ 46540 yuan / ton
.
Shanghai copper opened low and went above 46400 yuan / ton
.
On the first day after the change of month, the market quotation is still strong and pushed, the holder of the morning market quotation flat water copper premium 20, good copper premium 40 ~ 50 yuan / ton, following yesterday's discount from a large number of receiving atmosphere has continued to this day, low premium buying enthusiastic, traders lead the market transaction, morning market activity is high, a round of receipt led to a rapid increase in quotations to flat water copper premium 30 ~ 40 yuan / ton, good copper premium 60 ~ liter 70 yuan / ton
.

In the second trading session, copper rose, and the trading market was temporarily suppressed, and there was a slight stalemate in the range of 40 yuan / ton ~ 70 premium; Today, the enthusiasm of some downstream bargain hunting replenishment is led by traders, wet copper has been discounted by 20 yuan / ton since the morning market, and has risen to 10 ~ 20 yuan / ton in the afternoon market, and there is no discount in
the market.
The overall transaction on the first day of the month continued to improve, the delivery of long orders gradually opened, the willingness of holders to raise prices was strong, and the spot quotation opened low and went high.