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    Home > Chemicals Industry > New Chemical Materials > August 30 copper market noon review

    August 30 copper market noon review

    • Last Update: 2022-12-12
    • Source: Internet
    • Author: User
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    Shanghai copper fell 0.
    55%, the current macro atmosphere has eased slightly, base metals stopped falling and stabilized, but the height of the rise is still difficult to be optimistic, spot rapid rise premium quotation is slightly hasty, downstream recognition is not high, in addition, LME copper cancellation warehouse receipt accounted for up to about 50%, pay attention to whether copper market inventory will migrate;

    Copper City

    Shanghai copper pressure daily average returned to 48700 yuan / ton line, near the end of the month, the market willingness to exchange cash, the pressure of the plate declined, but also prompted the holders to seize the high cash, the morning market holders reported a premium of 70 ~ 120 yuan / ton, difficult to trade, helpless to appear holders competing to reduce the price of the situation, the transaction concentrated in flat water copper premium 50 ~ 60 yuan / ton, good copper premium 90 ~ 100 yuan / ton, downstream bargaining only appropriate replenishment, wet copper fully discounted to discount 20 yuan / ton ~
    。 Traders undercut prices, hoping that the market will quote
    lower.
    The month-end month is approaching, and most of the market stops and waits for guidance on the performance of the Shanghai ratio after the cross-month
    .

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