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    Home > Chemicals Industry > New Chemical Materials > Shanghai copper afternoon review on May 22

    Shanghai copper afternoon review on May 22

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    Overnight, the main 1907 contract of Shanghai copper opened at 47590 yuan / ton, opened at a high level of oscillation, tested at 47670 yuan / ton, and then by the effect of the external disk, copper price performance short-term fell to a low of 47260 yuan / ton, after the short-term recovery, the center of gravity fluctuated around 47580 yuan / ton, the end of the session short into the market, the center of gravity continued to move down to 47430 yuan / ton, closed at 47440 yuan / ton, down 0.
    55%, the volume was 184,000 lots, and the position increased by 8,390 lots to 555,000 lots

    Shanghai copper

    Last night was still affected by the recent increase in market risk aversion caused by the uncertainty of Sino-US relations, the US dollar stood firm on the 98 platform, copper price performance was under pressure, and the domestic due to the recent stabilization of the RMB, and the inventory of the previous period continued to decline, so that Shanghai copper showed a certain degree of
    resistance.
    At present, the technical performance of both internal and external disks is weak and there is no supporting momentum
    .

    At present, the situation between China and the United States dominates market sentiment, and it is expected that there is limited
    room for market easing today.
    Spot has recently had long orders for delivery, the transaction performance has improved, today's price continues to fall, it is expected that the holders' willingness to rise to the water is stronger
    .
    It is expected that today's Shanghai copper 47200-47600 yuan / ton, spot premium 60-liter 140 yuan / ton
    .

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