 Home > Chemicals Industry > New Chemical Materials > November 20 Shanghai copper afternoon review

November 20 Shanghai copper afternoon review

 Last Update: 2022-12-17
 Source: Internet
 Author: User

Tags

get copper

copper state metals

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

The overnight Shanghai copper 2001 contract also rose 0.
58% to 47130 yuan/mt
.
Copper prices rose last night, mainly due to the easing of concerns about trade prospects after the US announced the extension of Huawei's exemption period, coupled with the better performance of US housing starts and construction permit data released last night, market risk sentiment rose, driving copper prices up
.

Shanghai copper

At present, the macro outlook of the market is still uncertain, the US political uncertainty and the bleak quarterly report of the company have caused the US stock market to fall, and crude oil has also been affected by the surge in API crude oil inventories to expand the decline, all of which have a strong pressure on
copper prices.
At present, Shanghai copper is closing in the sun, under pressure on the 20-day moving average, and copper prices are expected to fall
downward today.

In terms of spot, due to the role of long orders in the market, the recent quotations of holders have remained around 100 yuan, and the market has received goods at low prices positively, and it is expected that today's market quotations will remain high
.
It is expected that today's Shanghai copper 46900-47200 yuan / ton, spot premium 100-liter 140 yuan / ton
.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

9,10-Diphenylanthrac

CAS No.: 1499-10-1

$1-1.2/MT FOB

High Quality Polar Solvent 99.99% Ethylene carbonate/Ethylencarbonat/ EC CAS 96-49-1

CAS No.: 96-49-1

Pharmacy Grade

$1-1.2/MT FOB

High quality Fluorescent Brightener CBS-X 98% TOP1 supplier in China

CAS No.: 27344-41-8

Industrial Grade

$3/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.