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On Monday, Shanghai copper was weak and volatile, the main month 2008 contract opened at 48900 yuan / ton, the highest intraday 49220 yuan / ton, the lowest 48480 yuan / ton, settled 48890 yuan / ton, closed 49040 yuan / ton, down 100 yuan
.
In terms of external trading, during the Asian session, London copper opened high, and the latest quotation at 15:00 Beijing time was 6081.
5 US dollars / ton, up 66.
5 US dollars, or 1.
11%.
In the spot market, the price of the holders is weak, the downstream is cautious, the receiving sentiment is general, and the transaction is light
.
Chile's copper mine supply risks have risen under the impact of the epidemic, and the market is still hoping that countries will introduce further stimulus measures to support the economy and support
copper prices.
Domestic spot copper prices fell during the day, and the price of Yangtze River nonferrous metal network 1# copper was reported at 49050 yuan / ton, down 340 yuan, 10-70 liters; Guangdong spot 1# copper price was 49070 yuan / ton, down 330 yuan; Yangtze River spot 1# copper price 49150 yuan / ton, down 330 yuan, premium 110-liter 130; Shanghai spot 1# copper price was 49115 yuan / ton, down 110 yuan
.
Shanghai copper is currently at a high risk, and the future market is wary of greater uncertainty in the epidemic in the United States, and it is recommended to operate
cautiously.
There is extremely strong pressure above 50000 and support 46000
below.
