-
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
Copper market morning comment: Shanghai copper rose 0.
35% to 68480
yesterday.
On Thursday evening, overseas non-ferrous metals showed a V-shape
during the day.
As of the close, London copper futures recovered intraday losses at 9458 US dollars / ton, down 24.
5 US dollars / ton, domestic copper and aluminum night trading volatility, Shanghai copper futures 2108 contract at 68940 yuan / ton, down 0.
12%.
The Fed's attitude has turned hawkish, short-term market preferences have dropped significantly, and trading "inflation" may slowly come to an end
.
Chairman Powell's testimony was generally flat, focusing on the non-farm payrolls data
for the next two to three months.
Affected by the reassuring statements of some Fed officials and the record high value of the US Markit manufacturing PMI in June, market concerns have eased in recent days, and Shanghai copper has risen
slightly.
At present, the market grasp should still be driven by FED, supplemented by fundamentals, and copper prices may continue to be weak
overall.
Standing at the end of June, the global market fluctuated in a wide range under the background of the uncertainty of global macro liquidity and economic stimulus policies, and the continuous disturbance of overseas resource supply continued to strengthen commodity price control at home, some hedging eased the structural mismatch of the market, and the short-term non-ferrous metal price trend faced a dilemma.
