 Home > Chemicals Industry > New Chemical Materials > November 7 copper market morning review

November 7 copper market morning review

 Last Update: 2022-12-26
 Source: Internet
 Author: User

Tags

copper letters

copper gold

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

Copper market morning comment: Shanghai copper opened high on Friday night, and the high of the main contract exceeded 66,000 yuan / ton
.
As market sentiment has improved, risk appetite has risen significantly, superimposed on strong fundamentals
.
However, under the repeated switching of macro sentiment, copper prices are highly uncertain
.
Therefore, it is necessary to continue to pay attention to changes
in the fundamental pattern.

Copper City

On Friday, the US non-farm payrolls data released an increase in unemployment, the dollar fell sharply, while the domestic economic recovery expectations gradually strengthened, double bullish copper prices rose
sharply on Friday night.

Overall, inflation in the United States continues to be high, allowing the Fed to continue to maintain tightening policy, and the macro environment is unfavorable
.
Shanghai copper supply factors and spot high premium support copper prices relatively resisted, short-term or strong but long-term is not optimistic
.

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.