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    Home > Chemicals Industry > New Chemical Materials > March 24 Copper Market Afternoon Review

    March 24 Copper Market Afternoon Review

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    Copper market afternoon commentary: Europe's third wave of the epidemic hit risk sentiment, overnight London copper closed under pressure down more than 2.
    8%, Chile copper mine strike threat lifted, London copper stocks rose to a three-month high, copper materials fell today
    .

    Copper City

    UK jobless claims recorded 86,500 in February, the biggest increase since July last year
    .
    The epidemic situation in Europe is becoming increasingly serious, and the EU has strengthened vaccine control and may ban vaccine exports
    .
    The Federal Reserve reiterated that it will maintain its current easing policy, Canada has taken the initiative to tighten its currency, and global central bank monetary policy has diverged
    sharply.
    Affected by the epidemic factors, the euro fell sharply overnight, the dollar rose sharply, and non-ferrous metals fell across the board under pressure
    .

    Overnight, Lun copper opened high and low, and the late dive fell to close in the shade, closing at $8871, and U.
    S.
    copper opened
    slightly lower today.
    Shanghai copper daily trading volatility, night trading low open low lower to close small negative, closed below the 20-day moving average at 66670, today may open low with the outside session.
    Shanghai copper trading fell and positions rose, market sentiment was stable, weak external trading dragged down the internal market, and may continue to fluctuate
    above 65000 in the short term.
    Shanghai copper upper pressure 70000, lower support 65000
    .
    Today's international copper premium compared with Shanghai copper fell sharply to 170 points, and the external market sentiment was not good
    .

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