-
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
Overnight, the Shanghai copper 1610 contract opened sharply lower at 37300 yuan / ton, after the opening by the Bank of England interest rate cut and crude oil sharp rebound, bulls made a comeback, sharply pushed up copper prices to 37520 yuan / ton, and then the bears slightly suppressed immediately after a large number of positions, assisted copper prices to recover the low opening decline, the highest touched 37770 yuan / ton, the end of the bulls profit exit, copper prices high pullback
.
In the end, Shanghai copper closed at 37660 yuan / ton, up 10 yuan / ton, and the warehouse decreased by 5680 lots
.
Overnight Shanghai copper opened low and high, in the face of easing expectations partially landed and oil prices rebounded, bears temporarily avoided its edge, today's US non-farm payrolls data day will be cautious trading, Shanghai copper is expected to run
within 37300 yuan / ton to 37800 yuan / ton.
Spot: On August 4, Shanghai electrolytic copper spot reported a premium of 30-170 yuan / ton, and the transaction price of flat water copper was 37640-37760 yuan / ton
.
Some holders in the spot copper market have raised their water significantly, keeping the price difference of various grades of spot copper at about
100 yuan.
Open a good copper premium of 150 yuan / ton
.
At this time, good copper is quickly digested by the market, flat water copper is relatively concentrated in inquiry, and the transaction of low-liter water sources is better
.
Despite the rising fear of heights, some holders are unabated in their willingness to push up the premium, and it is expected that the high space of the market will be hindered and transactions will become more difficult
.
Overnight, the main contract of Shanghai copper opened low and high to 37620 yuan / ton, because the US dollar index strengthened after the Bank of England cut interest rates as scheduled, but its rise was relatively limited, and copper futures still run at the intersection of moving averages, and the short-term pullback should not be too bearish
.
It is recommended that the Shanghai copper 1610 contract can be backed above 37200 yuan to bargain price, enter the market reference around 37500 yuan, and target 38200 yuan
.
