Copper high open low go downstream fear of heights just need to be purchased

During the Asian session, London copper fluctuated downward, and the latest quotation at 15:00 Beijing time was 6890.
5 US dollars / ton, down 47.
5 US dollars, or 0.
68%.

In terms of the market, today's domestic spot copper prices fell slightly, Yangtze River nonferrous metal network 1# copper price was reported at 52190 yuan / ton, down 80 yuan, premium 100-liter 160; Guangdong spot 1# copper price was 52130 yuan / ton, down 140 yuan; Yangtze River spot 1# copper price 52260 yuan / ton, down 60 yuan, premium 190-liter 210; Shanghai spot 1# copper price was 52205 yuan / ton, down 45 yuan
.

In the spot market, the willingness of the holder to hold the price continues, the receiver receives the goods at a low price, and the downstream is afraid of high and just needs to purchase, and the transaction is flat
.
Positive developments in the new crown vaccine have boosted market sentiment, but the surge in cases has affected the global economic recovery, the traditional off-season signs in China are gradually showing, the fundamentals lack support, and there is pressure
above copper prices.

The market is still hoping for more economic stimulus measures from the United States, and the possibility of continued easing monetary policy around the world is still relatively large; The signs of the traditional off-season in China are strengthening, but copper concentrate TC remains low, which may weaken the growth expectations of refined copper production capacity, and spot copper prices are expected to rise or fall little
.