Non-ferrous metals are generally red, and copper continues to rise

In terms of external trading, Apanlon copper opened at 6019 US dollars / ton, after experiencing a crazy surge in the macro positive promotion on Friday night, the market optimism has returned, testing the low of 5997 US dollars / ton in the morning, but soon the 6000 US dollar mark was recovered, and the center of gravity returned to around
6020 US dollars / ton at noon.
Until the end of the Asian session, due to the slight decline in the performance of the US dollar, copper prices rose again, and when it was about to enter the European market, the center of gravity of copper prices moved up again to 6030 US dollars / ton, testing 6038.
5 US dollars / ton, and copper prices fell after continuous shock
.

In terms of the market, last Friday, the United States added 266,000 non-farm payrolls in November, the performance was much better than expected, the three major stock indexes in the United States closed up across the board, non-ferrous metals were also boosted and rose sharply, copper prices in the internal and external markets rose sharply, and the Shanghai copper soared above 48,000 yuan / ton, up 800 yuan / ton
。 Copper soaring traders appear to be high and actively shipped, but high prices inhibit the consumption of the terminal, the morning market quotation premium 140 ~ premium 160 yuan / ton, good copper high is difficult to have a transaction, flat water copper trading started earlier, the market still favors flat water copper higher than good copper, but the copper soaring futures make holders eager to exchange cash, the quotation is affected by the higher plate, accelerate the reduction of the speed of premium, good copper first dropped to 130 ~ 140 yuan / ton, flat water copper 110 ~ 120 yuan / ton, after eleven o'clock the rise of water slowed down, The price of wet copper is about
70 yuan / ton of premium.

Intraday copper prices are high and consumption is weak, traders are cautious to enter the market, short-term copper in the long position increase to remain strong volatility, but spot in the week or will tend to the delivery level and gradually decline, in the inventory continues to decline if the spot premium below 100 yuan may attract trade speculation to re-enter the market
。 In the afternoon, the spot market is still dominated by the active dumping of cargo holders, because this week entered the delivery period, and the plate price spread remained stable, spot holders wanted to rush to ship at high prices, but the actual market demand was light, so the performance was passive, the premium quotation continued to reduce the rhythm, in the afternoon flat water copper reported 90-liter 120 yuan / ton, good copper reported 120-liter 130 yuan / ton, the transaction price was in the range of 48180-48350 yuan / ton
.

The intraday market continued last Friday's rally and walked out of a new high in nearly half a year, mainly because the US non-farm payrolls data was very strong, showing that the overall improvement of US interest rates and economic conditions, boosting the market's high expectations for global demand to pick up, non-ferrous metals were red overall, superimposed on OPEC+ members on the basis of reaching a production reduction agreement to continue to reduce additional production, crude oil out of the high level in nearly 2 months, Shanghai copper was boosted strongly
.
At present, Shanghai copper closed the big Yang column, breaking through above the Bollinger middle band, the KDJ indicator opening expanded, the technical surface is more, waiting for the guidance of the external disk, testing whether Shanghai copper can continue to stand firm and rush up to the previous resistance of 48500 yuan / ton
.