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    Home > Chemicals Industry > New Chemical Materials > Shanghai copper morning review on September 15

    Shanghai copper morning review on September 15

    • Last Update: 2022-12-06
    • Source: Internet
    • Author: User
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    Shanghai copper main force 1711 opened at 50380 yuan / ton last night, the overall market showed a volatile downward trend, the high at the beginning of the session to 50600 yuan / ton, the end of the session closed down to 50300 yuan / ton, and finally closed at 50360 yuan / ton, down 220 yuan / ton, the warehouse increased 2694 hands to 192,000 hands
    .

    Shanghai copper

    In terms of the market, as of 2017-9-14, the spot price of SMM 1# electrolytic copper is 50590 yuan / ton, down 590 yuan / ton from the previous day, and the premium is 100 yuan / ton compared with the near-month contract, close to delivery, some warehouse receipts are outflowing, different categories, the price difference performance is large, the downstream performance continues to buy positively, continue to replenish the dip, the near delivery premium is high, the holders, especially the holders of the early preservation of value, are actively shipped, and the market shows the characteristics of active trading of supply and demand
    .

    In terms of news, yesterday China released economic data for August, industrial, investment and retail consumption growth was all less than expected, which also increased investors' concerns about the consumption outlook, copper prices fell in response
    .
    The London inventory data has increased sharply, once again putting pressure on copper prices, and today it is expected to continue to test the 50,000 integer mark
    downward.

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