-
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
Thursday's Shanghai copper main contract 1910 opened at 46450 yuan / ton in the morning, the opening immediately tested the lowest level of the day of 46330 yuan / ton after bottoming out, the center of gravity moved up to 46430 yuan / ton around the shock finishing, until the end of the morning, the afternoon opening slightly down and then continued to move up to 46470 yuan / ton, the end of the session fell slightly and closed at 46440 yuan / ton, down 310 yuan / ton, down 0.
66%.
In terms of external trading, Apanlon copper opened at 5769 US dollars / ton, the opening began to test a slight lower of 5748 US dollars, but soon there was a repair, and then during the Asian session, the overall center of gravity rose to 5772 US dollars, but because the current macro and fundamental conditions do not support copper prices higher, so the overall increase is small, until the European market probes 5782 US dollars / ton
。 Subsequently, the LME announced the latest copper inventory, once again delivered nearly 30,000 tons, copper prices short-term decline to test the low of 5752 US dollars / ton soon appeared repair at 5770 US dollars / ton line, but affected by the rise of waves in China and the United States, the market risk aversion is strong, copper prices straight down 5727 US dollars / ton, as of 17:20, London copper reported 5741.
5 US dollars / ton, down 0.
51%.
In the market, overnight risks rose, and Shanghai copper gave up its gains during the week, and the center of gravity moved down to around
46,300 yuan / ton.
Intraday market transactions first rise and then decline, or will show that the market will not continue to discount after the month change, and the quotation will gradually rise or the subsequent mainstream price operation characteristics
.
In the afternoon, the market quoted the Shanghai copper 1909 contract, and the price difference remained stable at about 120 yuan / ton, so in the afternoon, after the beginning of the discount source, the market actively received the goods, the quotation was quickly pulled up, and soon there was no discount source
.
In the afternoon, flat water copper reported 10-liter water 20 yuan / ton, good copper reported 30-liter water 40 yuan / ton, the transaction price was in the range of 46360 yuan / ton - 46450 yuan / ton
.
Shanghai copper is basically at a low level to maintain stability, mainly because the current macro weakness continues to spread, and Sino-US trade uncertainty increases, the market is shrouded in pessimism, copper prices weakened
.
Shanghai copper closed the sun during the day, has fallen below the Bollinger mid-band, above the pressure of the 10-day moving average, MACD indicator still appears green column, the overall technical does not support copper prices higher
.
Wait for the guidance of the external market to test whether Shanghai copper can hold the 46400 yuan / ton mark
.
