-
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, the US dollar index weakened to support copper prices, London copper ended a five-day losing streak, the latest closing price was 5883 yuan / ton, up 43 US dollars, or 0.
73%, the volume of 16008 lots decreased 7266 lots, and the position volume 302044 hands decreased 2382 lots
.
In the domestic copper market, Shanghai copper opened high in the evening, and the latest closing price of the main monthly 1810 contract was 47550 yuan / ton, up 280 yuan, or 0.
59%.
Shanghai copper hovered at a low level, the Shanghai-London ratio remained strong, the import profit window continued to open, the profit remained stable at about 500 yuan / ton, and the price difference between the current month and the far month was nearly 200 yuan / ton
.
It is difficult for the holder to raise the price, after the morning market quotation premium of 120~170 yuan / ton, due to the willingness to exchange for cash, the price of dumpers increased, the quotation again showed a rapid downward trend, good copper quotation was adjusted to about 150 yuan / ton, flat water copper price adjusted to about 100 yuan / ton, but the overall transaction is still weak
.
In the second trading stage, flat water copper was lowered to a premium of 80~90 yuan / ton, good copper premium of 130~140 yuan / ton, the transaction improved, wet copper was lowered relatively well, copper flat water copper was small, maintaining a premium of 20~50 yuan / ton quotation level, downstream consumption is still cautious, very little
into the market.
The profit window for imported copper continues to open, the supply of goods will be abundant in the short term, the contract spread pattern will also make the premium unsustainable, and there is enough room
for price reduction in the market.