 Home > Chemicals Industry > New Chemical Materials > February 10 copper market morning review

February 10 copper market morning review

 Last Update: 2022-12-24
 Source: Internet
 Author: User

Tags

copper tin

copper insulation

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Copper market morning comment: London copper rose sharply yesterday, and the main contract of Shanghai copper closed higher
overnight.
LME copper stocks minus 2,600 tonnes to 77,325 tonnes; Copper increased by 2,322 tonnes to 24,464 tonnes
in the previous period.
Overseas contraction limits upside, low inventories provide support, focus on the upper edge of the range pressure
.

Copper City

At the macro level, the Fed's local Fed presidents made dovish speeches, and the dollar index fell sharply; Energy prices have soared and inflation expectations have risen; The marginal improvement of domestic monetary policy is obvious; Infrastructure is accelerating
.

On the supply side, the recovery of TC slowed down, and the production of refined copper increased significantly
year-on-year.
On the demand side, the domestic continuous accumulation before the holiday, the premium fell
back.
Overseas inventories fell sharply, and the concentration of warehouse receipts remained at a high level
.
Pay attention to the changes in domestic post-holiday inventory
.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

9,10-Diphenylanthrac

CAS No.: 1499-10-1

$1-1.2/MT FOB

High Quality Polar Solvent 99.99% Ethylene carbonate/Ethylencarbonat/ EC CAS 96-49-1

CAS No.: 96-49-1

Pharmacy Grade

$1-1.2/MT FOB

High quality Fluorescent Brightener CBS-X 98% TOP1 supplier in China

CAS No.: 27344-41-8

Industrial Grade

$3/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.