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    Home > Chemicals Industry > New Chemical Materials > September 11 Copper Market Afternoon Review

    September 11 Copper Market Afternoon Review

    • Last Update: 2022-12-19
    • Source: Internet
    • Author: User
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    Copper market afternoon commentary: the dollar fell back and the U.
    S.
    stock rebound boosted the market, overnight London copper closed up $49, China's industrial production continued to improve, TC maintained a low level showing that raw material supply tight, copper rose today
    .

    Copper City

    Recently, the global financial risk appetite has repeatedly wavered, asset price volatility has increased, and some investors are worried that the world's leading economies in the United States will reduce economic policy stimulus, which makes the market more focused on the results of the Fed's September interest rate meeting, because the meeting may release specific guidance for the Fed's new monetary policy framework, or constitute guidance for financial markets, especially the medium-term trend of the stock market and commodities, so the situation from policy expectations to subsequent landing remains to be seen

    The decline in global stock markets and oil prices dragged down the commodity market, and copper fluctuated downward overnight, with the latest closing quotation of 6633 US dollars / ton, down 126 US dollars, or 1.
    86%, the trading volume of 15666 lots increased by 3450 lots, and the position volume 323828 decreased by 1167 lots
    .
    In the evening, Shanghai copper rushed back down, and the latest closing price of the main month 2010 contract was 51370 yuan / ton, down 690 yuan, or 1.
    33%.

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