-
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, affected by the flight of funds, the metal market fell
across the board.
London copper opened at 6925 US dollars / ton, the beginning of the session around 6920 oscillating operation, in the afternoon profit order closed the position, funds withdrew sharply, copper prices plummeted, to a low of 6856 US dollars / ton, and then slightly repaired up to around
6875 US dollars / ton.
In Europe and the United States, copper prices fell again, touching the lower ten-day moving average of 6836 US dollars / ton and then rebounding upward, returning to 6900 US dollars / ton around the shock operation
.
Finally closed at 6915 US dollars / ton, down 8 US dollars / ton, recorded a long lower shadow, the transaction decreased 152 lots to 16537, and the position increased 755 lots to 347,000 lots
.
In terms of the market, as of September 7, the spot price of London copper was 6864 US dollars / ton, which was 24.
75 US dollars / ton higher than the March contract; The actual ratio of Shanghai copper spot to London copper spot was 7.
74 (import ratio was 7.
73), and the import profit was 287 yuan / ton; The actual ratio of the Shanghai copper 3 contract to the London copper March contract was 7.
7 (the import ratio was 7.
73), and the import loss was 182 yuan / ton
.
In terms of news, the recent flight of funds from the nonferrous market caused copper prices to continue to fall overnight, but the European Central Bank's speech boosted the euro, the dollar index fell below 92, supporting metals fluctuating at high levels, and non-ferrous metals bottomed out.
LME copper maintained a low narrow range after the Asian market closed, the price fell as low as $6836 before the Asian market opened, then the price bottomed out, and all the way up to the end, closing at $6915, down $8, or 0.
12%.
