-
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
On Thursday, the main 1708 contract of Shanghai copper opened at 45060 yuan / ton, after the opening copper price fell slightly to 44960 yuan / ton a line of shock, and then copper price twice stepped up to 45360 yuan / ton, during the period of a slight short fall, and finally closed at 45260 yuan / ton at the long white line, intraday Shanghai copper pulled, the upper average pressure is large, the rally is suppressed, short-term test of the pressure of the 20-day moving average
.
In terms of external trading, London copper opened at 5625 US dollars / ton, after the opening of London copper Shun daily moving average slowly declined, and then commodities rose collectively, copper prices fluctuated upward, broke through all moving averages, touched as high as 5692.
5 US dollars / ton, as of 15:55, London copper reported 5684.
5 US dollars / ton
.
Intraday copper rose sharply, there were many risk events, beware of rushing back down
.
Watch for the ECB's interest rate decision and former FBI Director Comey will testify
before a Senate committee on an investigation into Russia or past interference in the U.
S.
election.
On the macro front, U.
S.
Treasury prices slipped on Wednesday after former FBI Director Comey released written testimony on the FBI's investigation into Russian alleged interference in last year's U.
S.
presidential election, which investors said was not as serious as
they had originally thought.
The ECB is widely expected to leave policy unchanged at Thursday's meeting, including a €2.
3 trillion bond-buying program, and pledge to keep interest rates
low.
However, sources told Reuters last week that the ECB would drop the phrase "downside risk" in its statement, acknowledging an improved
economic outlook.
In terms of the market, Shanghai copper continued to be weak, holders of goods to ship at a high price, because in the previous day some large traders after the receipt of goods in the market can flow cash copper supply is limited, especially the current copper favored price willingness is even worse, low price sources decreased, the transaction was once active, but after entering 11 o'clock, the Shanghai copper plate quickly rose nearly 200 yuan / ton, the market source decreased, good copper near noon difficult to find a source, downstream demand mainly, pessimistic about the later copper price trend, unwilling to stock up too much, the transaction first rose and then suppressed, the transaction body is mainly middlemen
。
The main 1708 contract of Shanghai copper rebounded during the day, closing at 45260
.
The short-term main support is 44000, the bearish idea does not change, but the short order is recommended to gradually take profit, if the 44000 support is effective, try to go long
.
