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On Wednesday, the main contract of Shanghai copper 1912 opened at 47010 yuan / ton in the morning, and the center of gravity maintained around 47060 yuan / ton after the opening, and then the bulls reduced their positions, copper prices stepped down until the end of midday, and the center of gravity continued to move up to 47020 yuan / ton in the afternoon, but the market confidence was insufficient, bulls left one after another, and fell and closed at 46930 yuan / ton, down 210 yuan / ton, down 0.
45%.
After workers at BHP's Billiton's Escondida, the world's largest copper mine, partially paralyzed copper operations, the trade union of Chile's national copper company, said it would join Wednesday's general strike in solidarity with the Chilean protests
.
Spot copper prices are expected to fall
slightly as traders weigh the impact of the Chilean protests on supply, with unfulfilled expectations of demand for domestic grid investment.
The intraday high fell mainly due to the delay of the current Brexit plan, and the market increased pessimism; Coupled with the already weak global macroeconomic situation, some investors withdrew their investment
.
Wait for the guidance of the external market to test whether Shanghai copper can hold the 46900 yuan / ton mark
.
