-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
In terms of the epidemic, as the new diagnosis continues to decline, Jiangxi, Ningbo, and other regions have introduced simplified the review of enterprise resumption of work to accelerate the normal operation of the market, while the central bank cut interest rates in disguise and increased counter-cyclical adjustment, which is conducive to the recovery of market sentiment, and copper prices stood at 46,000
.
Abroad, as the market is not optimistic about the next round of negotiations between Britain and Europe, the yen has been hit by regional public safety risks, while the US manufacturing data has performed well and is positive for the US dollar, and the US dollar index is now approaching the 100 mark; At the same time, gold prices climbed to a seven-year high boosted by safe-haven demand, while the market's turn to the US dollar and gold safe-haven assets weighed
on copper prices.
At present, most downstream copper processing enterprises have resumed work, and production has gradually recovered compared with last week, but it still faces problems such as logistics obstacles and the accumulation of finished and semi-finished product inventory, and it will take some time
for fundamental repair.
In terms of spot, with the end of February, the financial pressure is getting heavier and heavier, and a small number of downstream enterprises are gradually troubled by funds, the amount of goods received is difficult to release, the short-term market will continue to show difficulties in goods, limited transactions, oversupply characteristics are becoming more and more prominent, and the trend of discount expansion is difficult to suppress
.
It is expected that today's Shanghai copper 46000-46400 yuan / ton, spot discount 250-discount 200 yuan / ton
.
