May 29 Copper Market Afternoon Review

Today's Shanghai electrolytic copper spot contract reported a premium of 30 ~ 100 yuan / ton, flat water copper trading price of 46990 yuan / ton ~ 47040 yuan / ton, and premium copper trading price of 47020 yuan / ton ~ 47070 yuan / ton
.
The dollar rose overnight, Shanghai copper came under pressure and went lower, and today's copper price fell below 47,000 yuan / ton and fell to 46,900 yuan / ton
.
After the fall of the market, the market has a strong willingness to lift water, the morning market quotation premium 30 ~ premium 60 yuan / ton, the morning market buying is strong, the transaction is enthusiastic, flat water copper premium 30 yuan / ton was quickly collected, so the holder raised the flat water copper quotation to 40 ~ 50 yuan / ton, good copper quotation to 80 / ton, the market still has the willingness to
buy after the premium is raised.

Entering the second section of the trading stage, the market trading heat made the willingness of holders to control the price of goods further enhanced, flat water copper pulled up to a premium of around 60 yuan / ton, good copper quotation as high as 90 ~ 100 yuan / ton, but the transaction activity has not been further improved, the market temporarily stopped, downstream inquiry buying has improved, wet copper quotation narrowed to a discount of 30 yuan / ton ~ flat water transaction
.
Today's traders lead the market to buy, low water supply is attractive, and holders are still interested in pushing up water
.