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    Home > Chemicals Industry > New Chemical Materials > October 16 copper market noon review

    October 16 copper market noon review

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    Copper market summary: global economic growth expectations were revised down again, overnight London copper closed down $44 under pressure, copper mine supply tight situation or transmitted to refined copper, but domestic demand is still relatively weak, copper is expected to rise or fall little
    today.

    Copper City

    Today's Shanghai electrolytic copper spot contract reported a premium of 40 ~ 70 yuan / ton, the transaction price of flat water copper was 46880 yuan / ton ~ 46930 yuan / ton, and the trading price of premium copper was 46900 yuan / ton ~ 46950 yuan / ton
    .
    Shanghai copper fell under pressure to 46,800 yuan / ton, a first-line shock
    .

    On the first day after the month change, the holder held a stable quotation at premium 40 ~ premium 70 yuan / ton, low-priced sources were favored by the market, attracting traders to enter the market to receive goods, the morning market can still lower prices, transaction activity is still good, especially flat water copper buying is higher, the inquiry is obviously more active, but at the beginning of the week imported copper concentrated arrival into the warehouse so that the inventory pressure is still there, the transaction is difficult to have substantial changes, flat water copper concentrated transaction at premium 40 ~ liter 50 yuan / ton, good copper maintained stable at premium 60 ~ liter 70 yuan / ton; Downstream on-demand procurement, wet copper is mostly traded
    at 10 yuan / ton of premium.
    Today's market trading atmosphere has improved slightly against the backdrop of traders receiving goods at low premiums in order to deliver long orders, and quality sources with high cost performance are still attractive
    during the long order delivery cycle.

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