-
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
On Tuesday, the price of Shanghai copper's main force 1708 immediately fell to a narrow range above 47,000 yuan after the opening of the market, and in the afternoon, copper prices fell again, to a minimum of 46,830 yuan, and rebounded slightly before closing, closing at 46,920 yuan, down 460 yuan, or -0.
97%, and index holdings decreased by 7,796 lots to 610,000 lots
.
In terms of external trading, LME copper March opened low at $5909, the price fell after a narrow range, and after a narrow range above $5885, it fell in the afternoon, and once fell to a minimum of $5865 before the Asian market closed, and the final price closed at $5954.
5, down $39, or -0.
66%.
In terms of the market, the market trading in the morning mainstream trading session continued to remain general, intraday copper high pullback, but traders are bullish on the future rise discount, the market receiving atmosphere is getting stronger, the holder's quotation is firm, the spot copper discount is significantly narrowed, the overall transaction between traders is acceptable, but into the off-season, the downstream lacks the willingness to chase higher, and the market is not
good.
Among them, good copper C30-C20 yuan / ton, flat water copper C50-C40 yuan / ton, wet copper C100-C90 yuan / ton
.
In terms of news, LME inventories suddenly increased by 26,000 tons, putting pressure on London copper obviously, but the United States announced that the ISM manufacturing PMI in June exceeded expectations, the overall copper market performance overnight resisted the decline, after entering the day, by the thread long position reduction from the high level and rubber plunge affected, the copper market from the high pullback, back to below 47,000 yuan, passive follow-up is more obvious, it is expected that the short-term copper market will remain high volatility
.
From the futures plate, Shanghai copper intraday high pullback, MACD gold cross is still the same, KDJ high dead cross, the price fell below the half-year line and integer mark, from the time-sharing point of view, the lower support is more obvious, it is expected that the short term may fluctuate near the half-year line, continue to pay attention to downstream procurement
.
