Brief review of Shanghai copper on April 2

South Reserve East China quotation: the average spot price of electrolytic copper is 50060 yuan / ton, up 310 yuan / ton; Liter discount quotation, -100 to -60 yuan, up 65 yuan
.
In East China, the problem of tight funds at the beginning of the month eased, and the downstream pre-holiday stocking demand began to show, the overall sentiment of taking goods was better, the discount narrowed rapidly, and the market trading atmosphere was active
.
As of the close, the premium copper mainstream trading pair futures contract discount of 40-50 yuan, flat water copper discount 90-100 yuan, wet discount 170 yuan
.

South China Reserve quotation: the average spot price of electrolytic copper was 50230 yuan / ton, up 250 yuan / ton; Liter discount quotation, 80 to 100 yuan, up 10
.
In Guangdong, Guangdong has more weekend arrivals to suppress premiums, but the enthusiasm of the holders is general, most of them are shipped at a high price, and there are not many downstream purchases, and the transaction is relatively deadlocked, and overall, the overall trading atmosphere is more general
.
As of the close, the premium copper mainstream trading pair futures contract premium 100-110 yuan, flat water copper premium 70-80 yuan, imported copper premium 40 yuan
.

Today, the main force of Shanghai copper as a whole oscillates along the daily moving average, standing above the 10-day moving average and entering a new operating space
.
On the market, bears temporarily withdrew, bulls dominated the market, and the amount of bulls increasing positions decreased
day by day.
The ongoing trade war at the macro level may affect copper prices
.
It is expected that Shanghai copper will be based on the 50,000 yuan / ton mark in the near future, waiting for the opportunity to burst up, and test the test capacity
of 50,300 yuan / ton at night.