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    Home > Chemicals Industry > New Chemical Materials > March 5 London Copper afternoon review

    March 5 London Copper afternoon review

    • Last Update: 2022-12-15
    • Source: Internet
    • Author: User
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    Last night's European session, affected by the strong rise of the US index, London copper performance short into the market, the center of gravity down to around 6385 US dollars / ton, until the beginning of the US market, copper price performance low volatility, during the bottom of 6377 US dollars / ton, short-term low, copper price performance rebounded slightly, the center of gravity rose back to the daily average of 6415 US dollars / ton, closing at 6481 US dollars / ton
    .

    London copper

    U.
    S.
    construction data is not good, construction spending in 2018 hit the lowest increase in the last seven years, overnight London copper under pressure continued to fall, the latest closing quotation of 6411 US dollars / ton, down 31 US dollars, down 0.
    49%, the volume of 22869 hands increased 2567 lots, the position 297447 increased 4593 lots
    .

    China's Caixin services PMI in February was a four-month low, with some companies reflecting relatively weak demand and total new orders in manufacturing picking up for the first time in three months, but growth remained modest, with economic growth concerns weighing on metal futures prices
    .

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