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Overnight, London copper opened at 5,000 US dollars / ton, Asian session, London copper fell back to the lowest level of the day of 4940 US dollars / ton after stabilizing and rising, into the European session, London copper shock upward re-stepped on 5000 US dollars / ton, recovered the intraday decline, then the night bulk metal generally fell, London copper also suffered short pressure, fell back nearly 60 US dollars / ton, and then driven by the sharp rise in crude oil to regain above 5000 US dollars / ton, and finally closed at 5007 US dollars / ton, up 11.
5 US dollars / ton from the previous closing price
。 On the whole, the copper market long and short have signs of actively opening positions, copper prices after three consecutive trading days of upward pressure is greater, and then or slightly corrected to determine the direction
.
Overnight, the Shanghai copper 1605 contract opened slightly higher at 38250 yuan / ton, after the opening of the bulls actively increased the position to push the copper price to the highest level of 38620 yuan / ton in the night session, and then followed Lun copper all the way down to the lowest 37910 yuan / ton, and then affected by the sharp rise in crude oil, the shock recovery generally smoothed out all previous fluctuations, and finally Shanghai copper closed at 38200 yuan / ton, down -10 yuan / ton, ending the previous four consecutive trading days of rally
.
Shanghai copper 1605 is expected to operate
within 37900 yuan/ton to 38400 yuan/ton today.
