Shanghai copper continues to rebound The market trading activity is light

During the Asian session, London copper first fell and then rose, the rise narrowed, the latest quotation at 15:01 Beijing time was 7678 US dollars / ton, up 18 US dollars, or 0.
23%.

In terms of the market, today's domestic spot copper prices rose, Yangtze River spot 1# copper 64990 yuan / ton, up 490 yuan, premium 250-liter 290; The Yangtze River Comprehensive 1# copper price was reported at 65010 yuan / ton, up 430 yuan, and the premium was 230-350; Guangdong spot 1# copper price was reported at 65020 yuan / ton, up 360 yuan, premium 200-liter 400; Shanghai spot 1# copper price was 64880 yuan / ton, up 460 yuan
.

In the spot market, the holders lowered the price of shipments, the downstream was afraid of high sentiment, the receiver replenished the stock at the low, the trading activity was light, and the overall trading volume was weak to win
.
The world focuses on tonight's Federal Reserve decision, the US index falls, exchange inventories continue to decline to provide support, coupled with China may relax epidemic control measures, and encourage market sentiment, copper prices continue to rebound
.

In terms of news, China may ease epidemic restrictions to improve the demand outlook, will also strengthen the yuan, help metal prices, make it cheaper to buy dollar-denominated metals, while inventories in both London and Shanghai have decreased, copper prices have been supported at the bottom, and the Federal Reserve may begin to slow down the pace of interest rate hikes in December, the US index is under pressure to support commodity prices, and the market is optimistic about the economic outlook, copper or rise
.