 Home > Chemicals Industry > New Chemical Materials > Shanghai copper fluctuates at a high level, and market demand is still expected

Shanghai copper fluctuates at a high level, and market demand is still expected

 Last Update: 2022-12-21
 Source: Internet
 Author: User

Tags

high performance coatings

american metal coatings

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Today's Shanghai copper high volatility, the main month 2106 contract opened at 69660 yuan / ton, the highest intraday 69750 yuan / ton, the lowest 69000 yuan / ton, settlement 69370 yuan / ton, closed 69450 yuan / ton, up 730 yuan
.
The trading volume of the main 2106 contract of Shanghai copper decreased by 61116 lots to 161140 contracts throughout the day, and the position decreased by 396 to 182260 lots
.

Shanghai copper

During the Asian session, London copper opened high and went high, and the latest quotation at 15:01 Beijing time was 9435 US dollars / ton, up 113 US dollars, or 1.
21%.

Yangtze River copper network copper price statistics: today's domestic spot copper prices rose, Yangtze River non-ferrous metal network 1# copper price reported 69,000 yuan / ton, up 850 yuan, discount 90-discount 30; Guangdong spot 1# copper price was 68920 yuan / ton, up 880 yuan; Yangtze River spot 1# copper 69010 yuan / ton, up 850 yuan, discount 60-discount 40; Shanghai spot 1# copper price was 68940 yuan / ton, up 740 yuan
.

In the spot market, traders mainly ship goods, downstream procurement is general, and trading performance is deadlocked
.
The tight supply pattern continues, and demand is still expected in the peak season, but the current inventory dematerialization is not smooth, high prices inhibit downstream consumption, and short-term copper prices fluctuate
at high levels.
Yangtze

In terms of news, there is still interference at the South American end of the mine, Chile temporarily closed the border, while Peru's production fell month-on-month, copper concentrate supply is still tight, refining and processing fees continue to be at a low level, smelters are facing greater production pressure, and the domestic traditional peak season comes to the marginal improvement of consumption, demand is still expected, and copper is rising
.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

9,10-Diphenylanthrac

CAS No.: 1499-10-1

$1-1.2/MT FOB

High Quality Polar Solvent 99.99% Ethylene carbonate/Ethylencarbonat/ EC CAS 96-49-1

CAS No.: 96-49-1

Pharmacy Grade

$1-1.2/MT FOB

High quality Fluorescent Brightener CBS-X 98% TOP1 supplier in China

CAS No.: 27344-41-8

Industrial Grade

$3/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.