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March 29 copper market noon review

 Last Update: 2022-12-15
 Source: Internet
 Author: User

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Copper market summary: The latest round of trade negotiations between China and the United States is expected to be optimistic, London copper closed up $31 overnight, Peru's largest copper mine protests showed no signs of abating, multi-day disputes have led to the suspension of shipments, copper is expected to rise
slightly today.

Copper City

Today's Shanghai electrolytic copper spot contract reported a premium of 1100 yuan / ton ~ 1300 yuan / ton, flat water copper trading price of 49580 yuan / ton ~ 49820 yuan / ton, and premium copper trading price of 49680 yuan / ton ~ 49950 yuan / ton
。 On the last trading day of March, the Shanghai copper morning market opened all the way up, a morning market rose about 300 yuan / ton, most of the market today into the month-end settlement state, there are very few quotations, but a small number of enterprises that can still issue the invoice of the month The quotation is extremely high, good copper smell has a premium price of about 1250 yuan / ton, there is also a premium high report to 1300 yuan / ton above the quotation, flat water copper morning market has a few enterprises in the premium of about 1100 yuan / ton a small amount of dumping cash, After being swept up, the quotation of good copper was raised to more than 1150 yuan / ton, and the wet copper was stable in the premium range of 900~950 yuan / ton
.
On the last trading day, the market was mostly cautious and waited for the price of 13% VAT after April next week
.

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