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    Home > Chemicals Industry > New Chemical Materials > September 28 copper market noon review

    September 28 copper market noon review

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    Overnight, London copper opened low and went low, the latest closing price was 6179 yuan / ton, down 110 US dollars, or 1.
    75%, the trading volume of 16458 lots increased by 2679 lots, and the position 283433 increased by 42 lots
    .
    In the domestic copper market, Shanghai copper opened low yesterday evening, and the latest closing price of the main monthly 1811 contract was 49930 yuan / ton, down 460 yuan, or 0.
    91%.

    Copper City

    On the last trading day, Shanghai copper further pulled, under pressure the 5-day moving average opened low and high
    at 50200 yuan / ton.
    Market transactions are gradually coming to an end, large enterprises have entered the settlement state, the morning market quotation is high, the holder reports flat water ~ premium 50 yuan / ton, it is difficult to have a transaction, the holder is eager to exchange cash before the holiday, flat water copper flat water above is more difficult, flat water copper quotation discount 20 ~ discount 10 yuan / ton, good copper quotation premium 20 ~ premium 30 yuan / ton
    .
    In the second trading session, some traders flattened the price of water copper sources at low prices to a discount of 30 yuan / ton, good copper maintained stability, holders were unwilling to further lower the premium, wet copper quotation maintained a discount of 60 ~ discount of 30 yuan / ton level
    .
    Today is the last trading day before the National Day holiday, and there are still some downstream bargains in the market to continue to replenish, but the buying volume has dropped significantly, and there is completely the initiative and space to reduce prices, but it is necessary to pay attention to some low-priced sources that can only be picked up tomorrow
    .
    The number of inquirers in the market near noon has decreased significantly, and it is expected that the afternoon quotation and demand will be further reduced, and the market has basically entered holiday mode
    .

    In terms of news, China issued the winter pollution prevention and control plan, abandoned the one-size-fits-all production reduction directive for heavy industry in 28 northern cities, and allowed local governments to take measures according to different emission levels and local conditions.

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