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    Home > Chemicals Industry > New Chemical Materials > Shanghai copper fatigue does not change, market trading performance is acceptable

    Shanghai copper fatigue does not change, market trading performance is acceptable

    • Last Update: 2022-12-22
    • Source: Internet
    • Author: User
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    Today's Shanghai copper fatigue does not change, the main month 2107 contract opened at 72800 yuan / ton, the highest intraday 72950 yuan / ton, the lowest 71010 yuan / ton, settled 71740 yuan / ton, closed 71640 yuan / ton, down 990 yuan
    .
    The trading volume of the main 2107 contract of Shanghai copper increased by 32416 lots 246429 the day, and the position increased by 5166 to 131903 lots
    .

    Shanghai copper

    During the Asian session, London copper was weak, and the latest quotation at 15:01 Beijing time was 9866 US dollars / ton, down 35 US dollars, or 0.
    35%.

    In the market, today's domestic spot copper prices fell, 1# copper price was 71390 yuan / ton, down 490 yuan, discount 140-discount 80; Guangdong spot 1# copper price was 71380 yuan / ton, down 520 yuan; Yangtze River spot 1# copper 71460 yuan / ton, down 540 yuan, discount 50-discount 30; Shanghai spot 1# copper price was 71370 yuan / ton, down 600 yuan
    .

    In the spot market, holders actively shipped, downstream bargain-hunting, and the transaction performance was
    acceptable.
    The five-department interview reminded key commodity enterprises that pressure at the policy level continued, copper inventories rebounded, and the high inventory in the previous period fell, mainly affected by the macro atmosphere in the short term
    .

    Copper inventories in the previous period stopped rising and fell, falling by 8,055 tons to 221124 tons last week; China's policy level will continue to exert pressure to ensure supply and price stability, and will closely track and monitor the trend of commodity prices; Prices are still at a high level recently, downstream consumption growth is slow, and spot copper prices are expected to fall
    sharply.

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