January 2 Copper Market Afternoon Review

Today's Shanghai electrolytic copper spot pair of the current month contract reported a premium of 40 ~ 100 yuan / ton, flat water copper trading price of 47900 yuan / ton ~ 48060 yuan / ton, premium copper trading price of 47940 yuan / ton ~ 48100 yuan / ton
.
On the first day of the opening of the new year, the daily average of copper pressure in Shanghai fell all the way, and copper prices once again broke through 48,000 yuan / ton and declined
.
On the first day of trading in 2019, there were many market shippers, the market inquiry atmosphere was active, and holders still showed willingness to
raise prices.
The morning market quotation premium 50 ~ 100 yuan / ton, the market performance stopped, the response was cautious, the market can be traded at a low price to flat water copper premium 40 yuan / ton, and even some can be received at a low price to 30 yuan / ton of flat water copper; Good copper quotations are concentrated in the premium 80~100 yuan / ton range, low-priced flat water copper and good copper are still favored by the market, and trading is concentrated among
traders.
At the beginning of the market, individual traders quoted wet copper as low as more than 100 yuan but was quickly received, and after the market, wet copper concentrated at discount 80 ~ discount 50 yuan / ton
.
Today's overall market trading is general, the performance of the market is still unstable, supply and demand divergence, downstream post-holiday replenishment is limited, traders favor low-priced sources, supply and demand are deadlocked
.