-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
On Friday, European and American hours, U.
S.
stocks plunged in the evening, and the preliminary annualized quarterly value of real GDP in the third quarter of the United States and the final value of the University of Michigan consumer confidence index in October were less than expected, the dollar index fell from a high of 96.
858 to 96.
266, London copper climbed with the trend, recovering the intraday decline, from the afternoon low of 6100 US dollars / ton broke the daily moving average oscillation upward to close 6182 US dollars / ton
.
On Friday, the US data exceeded expectations, the US dollar continued to suppress non-ferrous metals strongly, and copper prices bottomed out
.
On Friday, London copper fell sharply below the 60-day moving average to around $6,100, but the dollar retreated overnight, and copper prices rebounded to close near the 5-day moving average, and U.
S.
copper opened
slightly higher today.
On the macro front, US real GDP in the third quarter increased by 3.
5% quarter-on-quarter preliminary value, better than expected 3.
3%, compared with 4.
2% in the previous month, the core personal consumption expenditures (PCE) price index annualized quarter-on-quarter preliminary value was 1.
6%, 1.
8% expected, 2.
1% previously, and the dollar index closed slightly lower
.
According to Shanghai Securities News, infrastructure investment began to "step on the accelerator" in the fourth quarter, and the National Development and Reform Commission recently intensively approved a number of high-speed rail and UHV projects, involving a total investment scale of more than 100 billion yuan
.
Optimistic expectations for infrastructure support copper prices
.
