-
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: On Wednesday, the European and American financial markets were divided, crude oil was strong upward under pressure from the non-ferrous sector, London copper futures closed at 10113.
5 US dollars / ton, down 125.
5 US dollars / ton, domestic copper and aluminum overnight volatility closed lower, Shanghai copper futures Cu2107 reported 72820 yuan / ton, down 1.
55%.
This week, the Fed plans to gradually withdraw corporate credit instruments in response to the new crown pandemic, which partially weakens the market's expectations of a macro liquidity easing environment, and now with the new round of epidemic control in Europe and the United States has taken effect, inflation has exceeded expectations and discussions of considering tapering asset purchase plans have heated up, and China's official and regulatory clearies have repeatedly shouted about the risk of commodity material price increases, and the short-term raw material price increase has accumulated a large increase
.
On the whole, as time gradually enters the off-season, the weak consumption situation may gradually deepen, and the new mine capacity will be released in the second half of the year, and the tight supply pattern will gradually ease.
However, copper prices have been supported in the near future mainly by strong demand in Europe and the United States and supply disruption expectations, especially in Chile, where low inventories and tight mine supply remain strong bullish speculation
.
