Shanghai copper is strong or will show a volatile trend

In terms of the market, today's domestic spot copper prices rose slightly, Yangtze River nonferrous metal network 1# copper price reported 45060 yuan / ton, up 40 yuan, discount 110-discount 50; Guangdong spot 1# copper price was reported at 45040 yuan / ton, up 60 yuan; Yangtze River spot 1# copper price 45090 yuan / ton, up 50 yuan, discount 60-discount 40; Shanghai spot 1# copper price was 45050 yuan / ton, up 50 yuan
.

In the spot market, transactions are still dominated by traders, and market supply and demand are divergent, cautious and
deadlocked.
In the short term, external risks are still the main factors affecting nonferrous prices, and the fundamentals have not changed significantly, and copper prices may show a volatile trend
in the near future.

Although the domestic epidemic continues to improve, overseas countries such as South Korea and Italy will still be in the outbreak stage, superimposed on other Western countries, it is difficult to say optimistic
.
In terms of supply and demand, the resumption of work in China is continuing, but "Dr.
Copper" will also focus on market sentiment, while the development of the overseas epidemic and the performance of global capital markets will determine the short-term copper price performance
.
It is expected that copper prices will continue to remain weak before the overseas epidemic is not effectively controlled, and it is operationally recommended that short orders in the early stage continue to be held, and short chasing needs to control positions and rhythms
.