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    Home > Chemicals Industry > New Chemical Materials > September 16 Shanghai copper brief commentary

    September 16 Shanghai copper brief commentary

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    Today's Shanghai copper main contract 1911 opened high at 47860 yuan / ton in the morning, slightly down after the opening, the center of gravity fell back to 47650 yuan / ton around the shock sorting, after the end of the noon center of gravity continued to return to around
    47700 yuan / ton.
    The afternoon opening fell slightly to 47570 yuan / ton, and then continued to rebound, closing at 47560 yuan / ton, up 310 yuan / ton, or 0.
    66%.

    Shanghai copper

    South Reserve East China electrolytic copper: 47810 yuan, up 420, the month's premium quotation: 90 to 110, down 20
    .
    Shanghai copper opened slightly lower, the basis of the next month further narrowed, and the spot market premium quotation was mainly
    for the next month's goods.
    In the morning, the flat water copper premium for next month was 150-160 yuan / ton, and the good copper premium was reported at 170-180 yuan / ton, and the holder's quotation remained stable, but the market transaction was less
    .
    In the face of a stalemated market, holders actively shipped goods and took the initiative to adjust prices, and prices gradually declined, but the trading atmosphere could not be improved
    .
    On the whole, the higher copper price has a certain impact on the downstream buying sentiment, traders favor low-priced sources, remain cautious about high prices, the overall trading atmosphere is weak, the premium is gradually lower, and the transaction is difficult
    .
    Copper rose 100-110 yuan for the month, down 20; flat water copper premium 80-90 yuan, down 30; Wet copper premium 30-40 yuan, down 30
    .

    South China Electrolytic Copper: 47800 yuan, up 440, the month's premium quotation: 80 to 100, down 5
    .
    After the holiday, the market is still immersed in the holiday state, the willingness to inquire and receive goods is quiet, and the monthly difference about to be delivered fluctuates frequently and maintains the Back structure, and the basis is favorable, and the holders take advantage of the high shipment to a lot
    .
    Pingshui copper current month mainstream report +90, +100, the next month report +130, +140 or so, good copper that month mainstream also reported +90, +100, the next month report +150, +160 or so, today's current month quotation and the next month quotation are available, the next month quotation is relatively more, but the transaction is weak, the receiver is afraid to wait and see
    .
    In order to pursue the transaction, the holders have successively reduced the price, and the subsequent flat water copper can be traded
    with a premium of +100 or +110 in the next month.
    Overall, the price of copper that is about to change the month has risen sharply, superimposed on the high premium, waiting for the change of month, showing a state of price and no market
    .

    Today's Shanghai copper opened high in the morning after maintaining stability, mainly due to the impact on crude oil supply after the attack on Saudi Arabia's important oil facilities, oil prices opened straight to the 61.
    2 mark, hitting a new high in nearly three months, coupled with the macro sentiment has improved in recent days, Shanghai copper has been boosted to maintain a high level
    .

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