-
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
Last night, the overall internal and external disks were at a low level, and the center of gravity of Shanghai copper basically remained around 46400 yuan / ton, mainly due to the announcement in the evening that the EIA refined oil inventory in the United States for the week soared, and London copper plummeted
.
The Shanghai Copper Index increased its position by 2,752 lots to 625,000 lots
.
At present, from the release of the US weekly EIA crude oil inventory and refined oil inventory, the sharp increase in refined oil inventories has offset the good news of the reduction of crude oil inventories, oil prices have also fallen from a high of 56 to below 55, the large increase in refined oil inventories reflects the weakening of total social demand, and copper prices are also bearish news
.
In the United States, the Fed has just released the minutes of its July meeting, and the overall attitude is hawkish, and the market has lowered
its expectations for further interest rate cuts.
There is still no obvious positive information from other economies in the world, and there are obvious signs of overall macro weakness, and there is no momentum
to support copper prices.
At present, Shanghai copper is closing in the sun, and the upper part is under pressure by multiple moving averages, and the resistance is strong, and the technical situation is difficult to say good
.
In the context of the imminent delivery of long orders, the overall market trading is more active, and imported copper has not entered the market in large quantities, which also gives holders a reason
to hold prices.
It is expected that today's Shanghai copper 46200-46600 yuan / ton, spot premium 50-liter 100 yuan / ton
.
