-
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
Copper market review: Thursday, Shanghai copper 1905 contract opened at 49240 yuan / ton in the morning, copper prices fell rapidly after the morning open, short-term low 49190 yuan / ton, and then copper price performance followed up the external market, all the way to the shock recovery, after touching the high of 49320 yuan / ton, bears actively entered the market, copper prices quickly gave up, before the afternoon to fall back to the beginning of the
session 。 In the afternoon, the center of gravity of the plate rose again, the center of gravity closed in the range of 49230-49270 yuan / ton, the end of the session failed to maintain stability, the center of gravity moved down to around 49200 yuan / ton, during the period to test down 49170 yuan / ton, closed at 49190 yuan / ton, down 60 tons, down 0.
12%.
South Reserve East China: The average price of electrolytic copper was 50,200 yuan, up 110, and the monthly premium quotation: 910 to 1080, flat
.
East China: the basis of the next month slightly expanded, the willingness of holders to hold prices is stronger, the early transaction is slightly deadlocked, and then some sellers adjust the price of shipments, the market still favors low-priced flat water and wet methods, until the closing of the market sellers have a strong price and reluctance to sell, the downstream maintains just need to purchase, the transaction performance is slightly better than the previous day
.
At the close, the premium copper premium to the futures contract of the month was 1060-1080 yuan, down 5 yuan from the previous day; flat water copper premium 910-930 yuan, up 35; Wet copper premium 740-750 yuan, down 45
.
South China Reserve: The average price of electrolytic copper is 50,040 yuan, up 130, and the monthly discount quotation: 780 to 870, up 10
.
Guangdong: The market inquiry atmosphere in the morning was active, the mainstream of flat water copper reported +800 yuan / ton, the premium rose slightly from the previous day, and the receiver maintained a wait-and-see, or under-priced purchase, and there was no substantial transaction
for the time being.
In order to exchange cash, merchants took the initiative to reduce Pingshui copper by about 10-20 yuan, and the transaction began to increase; By the second festival, there was still a lot of trade in receiving goods, and the supply decreased, and Pingshui copper rose back to +790, +800 yuan / ton
.
In terms of good copper, it was traded at about +870 yuan / ton, and the quotation is still rare
.
Overall, the enthusiasm of downstream procurement in the market improved during the day, but the supply in the spot market was not much, so the price remained firm and the trading performance was acceptable
.
During the day, Shanghai copper ranked first in the nonferrous sector capital outflow, with an outflow of 142 million
.
Recently, the center of gravity of Shanghai copper fluctuated around the 5-day and 10-day moving averages, and the overcast entity still showed pressure on the middle band of the Bollinger curve, and the KDJ indicator is suspected to turn downward, which is worth being vigilant about
.
Wait for the guidance of the external disk to test whether the main force of Shanghai copper can stand firm at 49200 yuan / ton
.
