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Brief review of Shanghai copper on March 17

 Last Update: 2022-12-24
 Source: Internet
 Author: User

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Today's Shanghai copper main force is mainly narrow-range oscillation
.
At the end of the day, the main 2204 contract of Shanghai copper closed at 72250, up 590, or 0.
82%.

Shanghai copper

The Russian-Ukrainian conflict shows no signs of further deterioration, and the impact of the war continues to weaken
.
The central government has repeatedly released signals supporting the positive development of the domestic financial market, and the stock market has strengthened, driving copper prices to maintain stability
at a high level.
The Fed increased by 25 basis points as scheduled, and the short-term benefit to copper prices was exhausted
.

Fundamentally, the current domestic economic recovery is good, while high inflation continues to support copper prices to remain high
.
The haze of the epidemic has led to the current weak supply and demand of domestic copper
.
Short-term copper prices are expected to remain volatile
at high levels.
The range of concern is 7.
15-73,000
.
Before there is no major signal, the upstream and downstream of the operation can be stocked on demand on demand, and the materials for a longer period can be temporarily waited
.

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