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    Home > Chemicals Industry > New Chemical Materials > June 12 Shanghai copper morning review

    June 12 Shanghai copper morning review

    • Last Update: 2022-12-10
    • Source: Internet
    • Author: User
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    Shanghai copper main force 1808 night affected by the low open at 54000 yuan / ton, the beginning of the session to a high of 54190 yuan / ton, then fell back below the daily moving average, the low of 53880 yuan / ton, closed at 53940 yuan / ton
    .
    In terms of spot, close to delivery, the basis remains around 200 yuan / ton, mainly for the circulation between traders, the downstream still does not recognize the current price, it is expected that today's discount 50 ~ liter 10 yuan / ton
    .

    Shanghai copper

    In terms of spot, the import loss was 1041 yuan / ton, and the import window was closed; Shanghai electrolytic copper spot discount to the current month contract average discount of 30 yuan / ton, Shanghai-Guangdong price difference -145 yuan / ton, the holder took the initiative to reduce the price of shipments, downstream on-demand procurement, the two sides saw obvious
    .

    In terms of news, the world's largest copper mine Escondida opened labor negotiations, the market is worried that the negotiation is not smooth may trigger supply disruptions, but there are indications that labor negotiations are progressing smoothly, the probability of the union accepting the company's new labor contract is large, the market may overreact, so there is a risk of copper prices falling back at a high level, so it is recommended that Shanghai copper should not try more, and the new order is mainly
    wait-and-see.

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