June 26 copper market noon review

Today's Shanghai electrolytic copper spot contract reported flat water ~ premium 80 yuan / ton, flat water copper transaction price 47220 yuan / ton ~ 47280 yuan / ton, premium copper transaction price 47270 yuan / ton ~ 47340 yuan / ton
.
Shanghai copper rebound completely stood at 47,000 yuan / ton, around the line
of 47,250 yuan / ton.
Morning traders inquiry active, long order delivery basically behind the curtain, next month invoice holders quotation proportion increased, morning market next month invoice quotation premium 10 ~ 60 yuan / ton, good copper quotation maintained in the premium 50 ~ 60 yuan / ton range, flat water copper quotation can be pressed price to the vicinity of flat water, low price source transaction is acceptable, if the discount transaction performance is positive, wet copper quotation is lowered to about
60 yuan / ton.
Before the end of the month, there is still some demand for current month invoices, and due to the recent copper spot market risks, the price of current month's invoices is firmer, and the difference with the next month's invoice price remains at 20~30 yuan / ton
.

On the one hand, some large enterprises in the completion of long orders, enterprises gradually enter the middle of the year and the end of the month settlement, trading performance is cautious, but also because of the sharp rebound of copper prices high, so that the downstream fear of heights, consumption is weak, very little into the market, traders also because the end of the month is about to reduce trade activity, after the week trading activity may still be difficult to show active, spot is also easy to show a small discount state
.