Domestic holidays closed during the copper shock adjustment

On the information side, the US stock market rose slightly, and also maintained a volatile upward trend
.
External crude oil continued to rise and remained strong
.
The dollar index sorted
out at a high level.
U.
S.
job growth picked up quickly from a 17-month low in February as mild weather boosted activity in sectors such as construction, which could further ease fears
of a sharp slowdown in first-quarter growth.

In terms of the market, Shanghai spot copper quotations were at 49080-49290 yuan / ton, up 25 yuan / ton, and for the 1904 contract, up 40 / ton - 180 yuan / ton
.
The market transaction performance is good, resulting in the price to rise, good copper from +150 in the morning, then rose to about +160, flat water copper prices remain stable has been maintained between 40-50, the transaction is relatively good, wet supply is less, some holders cover the price, the price remains firm, the price is adjusted to -30 after -50 in the morning but there are fewer
downstream pick-ups.

Foreign media news on April 1, many market participants believe that there will be a shortage
of supply in the copper market in the next few years.
But Fitch said that was unlikely to happen because of weak demand in China
.
Fitch said the new mine project is expected to increase
market supply.
Copper prices have recently been near yearly highs on optimism about a possible U.
S.
-China trade deal and copper mining problems
in Peru and Chile.
Copper is one of the most actively traded metals and is seen as a barometer
of industrial growth.