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    Home > Chemicals Industry > New Chemical Materials > Shanghai copper afternoon review on August 11

    Shanghai copper afternoon review on August 11

    • Last Update: 2022-12-19
    • Source: Internet
    • Author: User
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    Today, Shanghai copper opened high and low, weakened in the session, and closed the black line
    again within the day.
    Shanghai copper came out of the break and fell short-term and did not recover the weak market, technically it is expected to continue the weakness to continue to adjust, or it is recommended to reduce positions and leave the market, short-term is expected to continue to fall weakly
    .

    Shanghai copper

    The average price of electrolytic copper in Foshan in Nanchu: 50790 yuan, up 710, the price of the month's discount: 30 to 110, up 10
    .
    In the morning, the Shanghai copper gap opened high, and the spot market was actively
    traded.
    The morning premium quotation rose slightly from yesterday, with flat water copper reporting a premium of 30-50 yuan / ton, and good copper reporting a premium of 110-140 yuan / ton
    .
    Traders have a strong willingness to buy at the low, the enthusiasm of downstream market replenishment is good, the market performance continues yesterday's trend, the premium continues to rise slightly, and the quotation tends to be stable
    around ten o'clock.
    The premium copper pair is 110-120 yuan / ton in the month; Flat water copper premium 30-50 yuan / ton
    .

    The average price of electrolytic copper in Shanghai is 50820 yuan, up 720, and the price of the month's premium is 80 to 120, up 20
    .
    In the morning, Shanghai copper opened high and fluctuated, the sentiment of holders to support prices further pushed up the premium, flat water copper for the month reported a premium of 80-90 yuan / ton, good copper 110-120 yuan / ton, the market premium price space is small, and the low-price supply is less, the transaction is more difficult
    .
    The high premium water hit the downstream buying sentiment, and the characteristics of the wait-and-see stalemate are obvious
    .
    Today's market atmosphere is weaker than the previous day, the activity is not high, and the transaction is average
    .
    Copper rose 30 yuan to the current month's premium of 110-120 yuan; flat water copper premium 80-90 yuan, up 10; Wet copper premium 30-40 yuan, up 10
    .

    Entering the middle of August, the market risk appetite swings, but the liquidity of large types of assets is still there, as the world's major economies further clarify the trend of increasing economic policy stimulus unchanged, it is expected that the effectiveness of monetary and fiscal tools in various countries will constitute a support for the real economy and commodity demand, short-term attention to whether the rise in market inflation can continue, which will determine whether there is further upward space for commodity asset prices, and the short-term domestic non-ferrous high volatility is strong
    .

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