Shanghai copper continues to probe the bottom The overall trading performance of the market is average

During the Asian session, London copper jumped high and oscillated, and the latest quotation at 15:01 Beijing time was 9248 US dollars / ton, up 100 US dollars, or 1.
10%.

Today's domestic spot copper prices fell, Yangtze River spot 1# copper 71350 yuan / ton, down 4780 yuan, premium 380-liter 420; The Yangtze River Comprehensive 1# copper price was reported at 71190 yuan / ton, down 570 yuan, and the premium was 180-300; Guangdong spot 1# copper price reported 71030 yuan / ton, down 660 yuan, discount 20-liter 180; Shanghai spot 1# copper price was 71260 yuan / ton, down 440 yuan
.

In the spot market, the willingness of holders to adjust prices is low, the receivers hold a wait-and-see mood, enter the market for bargaining, and the overall trading performance is average, and the trading volume is limited
.
There is still a risk that high inflation in the United States will continue to soar, the outlook for global economic growth is gloomy, and the market is waiting for the Fed's interest rate decision, the overall market sentiment is cautious, coupled with the recurrence of the domestic epidemic and the recovery of inventory, the support for copper prices has weakened, and Shanghai copper will continue to remain weak
.

Shanghai copper opened low today, and the latest opening price of the Shanghai copper 2207 contract was 70920 yuan / ton, down 470 yuan
.
Peru's Las Bambas copper mine project will restart, domestic smelters in high profits stimulated by the resumption of production actively promote production growth, terminal consumption is less than expected, under the pressure of economic tightening, copper prices continue to fall, market sentiment also continues to fall, copper is expected to fall
.