-
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
The market was closed on Friday, and the domestic copper market edged higher
.
The market waits for the US stimulus package, the Republican Party did not pass the revised stimulus package on Friday, and the two parties in Congress will negotiate again on Monday, if it is not passed, 12 million people in the United States will lose unemployment insurance benefits starting today, and the month-end eviction order will also expire
.
In addition, the U.
S.
government shut down
.
The UK has successfully achieved a deal to leave the EU, a new round of fiscal stimulus in the United States has been successfully promulgated, and market risk appetite has recovered
.
The promotion of carbon neutrality and the increase in investment in transportation facilities will also have a certain boost
to future copper demand.
From the perspective of the energy work conference, new energy investment is expected to continue to accelerate, which may have a greater impact
on copper consumption.
In addition, copper inventories are still declining, and the demand side is still relatively strong, and copper prices are expected to remain volatile in the short term
.
However, as the end of the year approaches, it is necessary to be wary of the short-term suppression of demand and the risk
of a correction caused by the epidemic breaking expectations.
In the copper market, the inventory of the previous domestic stock and the bonded zone last week increased slightly, the domestic spot premium fell sharply, and the spot before the Spring Festival showed a discount is more
likely.
At the end of the year, the plate, strip, foil, copper pipe started well, but the cable and copper rod were not good
.
Short-term copper prices are adjusting
below $8,000.
