Shanghai copper is running strongly, and the market trading atmosphere is acceptable

During the Asian session, London copper fluctuated to close the sun, and the latest quotation at 15:01 Beijing time was 9365 US dollars / ton, up 10 US dollars, or 0.
10%.

Today's domestic spot copper prices rose, Yangtze River non-ferrous metal network 1# copper price was reported at 70040 yuan / ton, up 930 yuan, premium 380-liter 440; Guangdong spot 1# copper price was 69880 yuan / ton, up 890 yuan; Yangtze River spot 1# copper 70090 yuan / ton, up 840 yuan, premium 430-liter 450; Shanghai spot 1# copper price was 70,090 yuan / ton, up 740 yuan
.

In the spot market, the holders continued to ship at high prices, the receiving party bought at the low, the trading atmosphere was acceptable, and the overall transaction was better
.
Mine supply was disturbed, Peru and Kazakhstan were hindered by transportation, domestic and foreign copper stocks fell further, falling back to 44,600 tons in the previous period, the lowest level since the end of May 2009, social inventory performance continued to destock, strong support copper prices
.

Industry news, Minmetals Resources Co.
, Ltd.
announced on Monday that mine production has been affected due to road blockage and fainting in the community where the Las Bambas mine in Peru is located, and production is expected to be interrupted this week, and concentrate shipping and sales have been affected
.

At present, the dual-control policy continues to interfere with copper concentrate production, and recently Zhejiang, Jiangsu, Anhui, Guangdong and other places have successively introduced energy consumption control measures, and various places have successively entered a state of control such as power rationing and production restrictions, while copper inventories are still at a low level, LME and SHFE continue to destock, and spot copper prices are expected to rise
.