Shanghai copper is weak and volatile, and terminal demand is in a weak stalemate

During the Asian session, London copper opened high and went higher, and the latest quotation at 15:01 Beijing time was 10218 US dollars / ton, up 60 US dollars, or 0.
60%.

In terms of the market, today's domestic spot copper prices rose slightly, Yangtze River spot 1# copper 73920 yuan / ton, up 100 yuan, premium 280-liter 320; Yangtze River nonferrous metal net 1# copper price reported 73820 yuan / ton, up 120 yuan, premium 170-liter 230; Guangdong spot 1# copper price reported 73730 yuan / ton, up 50 yuan; Shanghai spot 1# copper price was 73830 yuan / ton, up 95 yuan
.

In the spot market, the willingness of holders to adjust prices is low, the downstream cautious wait-and-see is less mining, and the willingness to replenish storage is insufficient, but the overall transaction of the market is slightly better than yesterday
.
Recently, the macro atmosphere is short and the supply and demand side are weak, and copper prices are under pressure and weak, but the performance of domestic financial data is acceptable, coupled with the support of low inventory and high premium, the downward range of Shanghai copper is limited
.

Shanghai copper opened low today, and the latest opening price of the Shanghai copper 2205 contract was 73130 yuan / ton, down 270 yuan
.
Domestic copper ore processing fees continue to rise, supply easing expectations continue to expand, the epidemic continues to be severe so that the downstream maintains a cautious wait-and-see attitude, the market is difficult to see a large number of transactions, showing a priceless market, although the holders have a strong price sentiment but the receiver is afraid of heights, terminal demand is in a weak stalemate, and copper is expected to fall
.