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    Home > Chemicals Industry > New Chemical Materials > Shanghai copper afternoon review on February 14

    Shanghai copper afternoon review on February 14

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    Trading in the Shanghai copper night market continued to be
    suspended.
    Last night, the price of copper strengthened in the evening, breaking through the 5800 mark and rushing to the $5814.
    5 / ton level
    .

    Shanghai copper

    From the analysis of the past two days, the trend of copper prices in the outer disk is significantly stronger than that in the internal market, while the domestic copper price has been hit more obviously by the epidemic, and copper consumption is still constrained by logistics and other problems from a fundamental point of view, so there is strong resistance
    at the 46000 mark.
    In addition, previous reports of global public health events have caused renewed concern about the impact of the epidemic on the global economy, and gold and dollar indices are both higher, which is also expected to put pressure
    on copper prices today.

    In terms of spot, due to the guidance of delivery, the recent near-month plate spread Contango structure expanded to more than 200 yuan / ton, yesterday's spot quotation has significantly improved the situation, in the case of imminent delivery, it is expected that today's spot price is expected to appear flat or premium
    .
    It is expected that today's Shanghai copper 45800-46100 yuan / ton, spot discount 20-liter 10 yuan / ton
    .

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