Shanghai copper afternoon volatility rebounded, bullish sentiment heated up slightly

During the Asian session, London copper bottomed out, and the latest quotation at 15:01 Beijing time was 9741 US dollars / ton, up 12 US dollars, or 0.
12%.

In terms of the market, today's domestic spot copper prices fell, 1# copper price was reported at 72020 yuan / ton, down 610 yuan, premium 490-670; Guangdong spot 1# copper price reported 71750 yuan / ton, down 710 yuan; Yangtze River spot 1# copper 72010 yuan / ton, down 670 yuan, premium 520-liter 620; Shanghai spot 1# copper price was 71840 yuan / ton, down 620 yuan
.

In the spot market, the premium continued to decline, the holders continued to adjust prices and shipments, the downstream consumption was cautious and wait-and-see, the receiver undercut the price and purchased on demand, and the overall transaction was still without bright spots
.
The Peruvian copper mine dispute in South America has restarted, and the global explicit inventory is still declining, but the supply and demand side of the copper market has limited changes, and the downstream demand is still in a weak state, and the short-term copper price shock trend
.

Industry news, the blockade of the Las Bambas copper mine in Peru has lasted for four days; Chumbivilcas leaders and Las Bambas representatives are scheduled to meet on Wednesday, November 24, local time, to try to find a solution
.

In terms of news, the inventory of the world's three major exchanges fell significantly, and the Peruvian copper mine dispute reappeared, because there were ongoing disputes around mine-related job recruitment, market supply concerns were rekindled, bullish sentiment heated up slightly, consumption resilience picked up, copper prices were supported, and copper or rose
slightly.