-
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, London copper bottomed out, opening at $6509 / ton, copper prices slightly touched $6541.
5 / ton after the open, but the bears are gaining momentum, opening positions to suppress copper prices, to a low of $6490 / ton, copper prices around $6500 / ton consolidation in
the afternoon.
In Europe and the United States, affected by inventory news, copper prices fell rapidly, reaching a low of 6453 US dollars / ton and then rising upward, pulling straight up to 6513 US dollars / ton, and falling slightly at the end of the session
.
Closed at 6488 US dollars / ton, down 16.
5 US dollars / ton, the transaction decreased 7359 to 18265, and the position increased by 6340 to 366,000 lots
.
In terms of the market, on the day, the spot price of Lun aluminum was 2068 US dollars / ton, which was 29.
25 US dollars / ton higher than the March contract; The actual ratio of Shanghai aluminum spot to London aluminum spot was 7.
75 (import ratio was 8.
12), and the import loss was 538 yuan / ton; The actual ratio of the Shanghai Aluminum Lian3 contract to the Lun Aluminum March contract was 7.
82 (the import ratio was 8.
11), and the import loss was 612 yuan / ton
.
In terms of news, the lack of more positive news guidance over the weekend, the dollar index rebounded slightly, LME inventories continued to increase to suppress copper prices, the weekend night London copper continued to fall below the important support of $6500, continuous pullback obvious, the whole week fell close to $500 per ton, from the daily moving average, it seems that there is no obvious sign of bottoming out, continue to pay attention to the support role
of London copper at $6500.
