-
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: last week London copper closed slightly higher, Shanghai copper main contract closed higher
.
LME copper stocks were 79,500 tonnes, up 5,300 tonnes from last week; Copper stocks in the previous period decreased by 32,162 tonnes to 129506 tonnes; Stocks in the bonded zone increased by 04,000 tons to 246,000 tons
.
The contradiction between Russia and Ukraine affected market sentiment, demand has partially improved, copper prices have maintained strong volatility in the short term, cautious participation
.
At the macro level, geopolitical events in Russia and Ukraine show signs of easing; The high-frequency data of the domestic economy is weaker than expected, and further action by the state is still needed for easing; The Fed's rate hike boots landed, in line with expectations, and the dollar retreated
.
On the supply side, TC picked up, but there was interference in short-term mines; Refined copper production increased
year-on-year.
On the demand side, the domestic has been destocked sharply, and the premium is relatively strong, but the epidemic may affect demand
.
Overseas inventories rebounded
slightly.