Market confidence rebounded, and Shanghai copper volatility was strong

During the Asian session, London copper shock after the shock rushed back in a narrow range, the latest quotation at 15:01 Beijing time was 9552 US dollars / ton, up 62 US dollars, or 0.
65%.

Today's domestic spot copper prices rose slightly, Yangtze River spot 1# copper 72780 yuan / ton, up 100 yuan, premium 470-liter 510; The Yangtze River Comprehensive 1# copper price was reported at 72690 yuan / ton, up 110 yuan, and the premium was 340-460; Guangdong spot 1# copper price was 72600 yuan / ton, up 130 yuan, premium 210-liter 410; Shanghai spot 1# copper price was 72725 yuan / ton, up 90 yuan
.

In the spot market, the amount of circulating goods decreased, the holders tried to raise the price but the market performance was average, the receiver pressed the price and waited, the transaction was not smooth, and the transaction was weak
.
The US dollar weakened further, the stock market rose across the board, coupled with the comprehensive lifting of the domestic epidemic and the expectation of stable growth policies, market confidence rebounded, and internal and external inventories declined, and the Shanghai copper shock was strong
during the day.

Shanghai copper opened high during the day, and the latest opening price of the Shanghai copper 2207 contract was 72170 yuan / ton, up 390 yuan
.
China continues to implement loose stimulus policies, and the Ministry of Industry and Information Technology requires that a package of policy measures be strong and effective, stabilizing market risk sentiment, superimposed on domestic and foreign inventories continue to decline, downstream consumption recovery, copper prices are supported, and copper is expected to rise
.