-
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
During the Dragon Boat Festival holiday, London copper continued to fall under pressure, and the decline further expanded, of which 3 months London copper closed down to 4516 US dollars / ton, down 1.
24% from the Shanghai copper close before the holiday of 4573 US dollars / ton, the current London copper from this round of rebound high of 4748 US dollars / ton fell 4.
94%.
Industry: As of the week of June 7, the US copper CFTC speculative fund increased its long orders by 1227, short orders increased by 1694, and speculative net short 39294 lots, maintaining net short for nine consecutive weeks, and the net space increased by 467 compared with last week, indicating that speculative funds are actively bearish on copper prices
.
Market: With the recent continuous rise in London copper inventories, the 0-3 month LME copper spot discount has expanded to $14/mt
.
Stocks: LME copper stocks were 210675 tonnes down 2,550 tonnes from June 10, the first decline in eight trading days, but London copper stocks returned to their high since February 16 this year
.
