-
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 Friday night, overseas financial markets fell as a whole, and U.
S.
stocks fell and most of the industrial products retreated
.
As of the close, London copper futures closed at 9,000 US dollars / ton, down 355 US dollars / ton, domestic nonferrous night trading fell heavily, Shanghai copper futures Cu2104 reported 66920 yuan / ton, down 3.
22%.
Recently, financial market volatility continues to amplify, most asset prices rush back after pullback, non-ferrous pro-cyclical industries after the start of the Year of the Ox, short-term too rapid rise may take time to digest, but in the medium term will continue the "spring restlessness", need to focus on the non-ferrous sector as a whole on the eve of the domestic two sessions policy expectations under the spring rebound window period
.
Biden's new round of relief policies was passed by the House of Representatives, the Federal Reserve plans to maintain an easing policy, and the overseas epidemic situation has improved significantly; The top leaders of China and the United States called, Biden released goodwill, these macro factors are expected to ferment, and the prospects for economic recovery are better
.
On the other hand, Chile and Peru are not smooth transportation, the supply has a certain dry burning in the short term, LME copper stocks have also continued to decline, although the domestic inventory level has increased slightly, but compared with the same period of previous years, the overall accumulation is low, copper prices may remain strong
.
