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    Home > Chemicals Industry > New Chemical Materials > September 14 copper market morning review

    September 14 copper market morning review

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    Copper market morning comment: London copper fell sharply yesterday, and the main contract of Shanghai copper closed lower
    overnight.
    LME copper stocks increased by 6,400 tonnes to 240,350 tonnes; Copper decreased by 350 tonnes to 22,980 tonnes
    in the previous period.

    Copper City

    On the macro front, the US epidemic slowed economic growth, overheated inflation caused the Federal Reserve to cancel its easing policy, and the US dollar index rebounded in tangles; expected marginal strengthening of domestic policy interventions; The epidemic eased and market sentiment improved
    .

    On the supply side, TC continued to recover, refined copper production grew rapidly, and copper storage continued but was lower than expected
    .
    On the demand side, domestic inventories decreased slightly, and the premium was high; Import profits, bonded premium rebounded at a low level; The fine waste spread is low
    .
    Overseas inventories have declined but are at a high level during the year, and the recovery momentum in Europe and the United States has slowed down
    under the influence of the epidemic.

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