-
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
Overnight, London copper rebounded slightly, opening at 6506.
5 US dollars / ton, early the bulls bottomed into the market, copper prices continued to rise, to a high of 6560 US dollars / ton after a wide range of shock operation
.
In the afternoon, stimulated by the news of LME inventory increase to decrease, copper prices soared again, reaching a high of $6584.
5/ton, but failed to hold a firm, falling to consolidation around $6530
/ton.
During the European and American sessions, copper prices rose slightly to $6550 / ton before oscillating downward, to a low of $6505 / ton, and repaired to around
$6530 / ton at the end of the day.
Closed at $6,532/ton, up $44/ton, trading minus 2,475 lots to 15,790, and positions down 202 to 366,000 lots
.
In terms of the market, as of September 18, the spot price of London copper was 6457 US dollars / ton, which was 46.
00 US dollars / ton discount to the March contract; The actual ratio of Shanghai copper spot to London copper spot was 7.
73 (import ratio was 7.
74), and the import profit was 253 yuan / ton; The actual ratio of the Shanghai copper 3 contract to the London copper March contract was 7.
77 (the import ratio was 7.
74), and the import profit was 210 yuan / ton
.
Yesterday's LME inventory from the increase to the decline alleviated the continuous decline in copper prices, technically London copper bull average arrangement has been destroyed, 6400-6500 US dollars / ton range there is a strong support area, but the upper 6600 pressure is obvious, the internal disk 50000 platform strong support, above 51000 pressure level, short-term narrow range shock pattern may be larger
.
