-
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
Overnight London copper wide oscillation, trading range of 5674-5360 US dollars / ton, of which 3 months London copper slightly fell 0.
75% to 5522 US dollars / ton, for the third consecutive day into high oscillation, because there is a profit-taking demand
for bulls in the short term.
In terms of positions, on November 14, the position of London copper was 378,000 lots, an increase of 110 hands per day, which was a 10-day increase, and the increase in copper positions in the past three weeks showed that the copper price rise had funds to advance, and bulls were enthusiastic about
longing.
Industry information: Pan Pacific Copper, Japan's largest copper smelter, expects China's copper premium to fall to $72/ton in 2017, down from $106/ton this year, a drop of 32.
08%.
Stocks: As of November 15, LME copper stocks were reported at 262,050 tons, down 4,100 tons per day, a 19-day decline in consecutive trading days, hitting a low since August 24 this year, but still higher than the average inventory value of 229,000 tons during the year, and the high point of stocks during the year was 379175 tons
.
Copper prices for London Metal Exchange (LME) futures fell on Tuesday as the dollar held steady near 11-month highs and traders locked in profits after a week-long rally after Trump's victory in the U.
S.
election sparked a rally
.
At 17:00 London time on November 15 (01:00 Beijing time on November 16), three-month copper fell as much as 3.
2% to a one-week low of $5,360 and closed down 0.
9% at $
5,520 a tonne.
It jumped nearly 8 percent intraday on Friday, to its highest level since June 2015
.
