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Today, the main force of Shanghai copper opened high and maintained a narrow range
.
At the end of the day, the main 2205 contract of Shanghai copper closed at 73720, up 350, or 0.
48%.
During the festival, London copper rose sharply and then partially retraced, and Shanghai copper opened high and low after the open, repairing the Shanghai-London price
difference.
The conflict between Russia and Ukraine has heated up, sanctions from Europe and the United States have increased, Europe has suffered a cold wave in April, energy supply concerns are strong, and copper prices have risen
.
Under inflationary pressure, many countries accelerated the tightening of monetary policy, the Fed's remarks were frequent, and the domestic epidemic situation was grim, and copper prices were passively under pressure
.
In the medium term, with the improvement of the epidemic, it is expected that the domestic demand side will usher in the dawn.
Subsequent copper prices maintained a strong view of volatility in the short term
.
Pressure level 74000
.
Operationally, the shipper can ship at a high price, and the downstream can stock up
on demand.
