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Overnight, the Shanghai copper 1912 contract jumped high at 47330 yuan / ton, and after the opening, the copper price was sorted out around the opening position, and the copper price began to rise at 22 o'clock, reaching as high as 47530 yuan / ton
.
Subsequently, copper prices fell back to 47350 yuan / ton
.
At the end of the session, copper prices rose again, and finally Shanghai copper closed at 47460 yuan / ton, an increase of 0.
61%.
In terms of spot, due to the sharp recovery in the market, it is expected that the market receiving sentiment will weaken, and holders may slightly lower their quotations to attract market transactions
.
It is expected that today's Shanghai copper 47400-47700 yuan / ton, spot premium 70-liter 100 yuan / ton
.
Intelligence export revenue fell by a fifth to $5.
3 billion in October, copper exports fell 22% to $2.
5 billion, mainly dragged down by falling copper prices, and the current weeks of domestic protests in Chile still show no signs of ending, although most of the country's copper mines can still maintain production and normal operations, but there is still uncertainty, and spot copper prices are expected to rise
today.
