Shanghai copper opened low and went low, and the overall trading performance of the market was flat

During the Asian session, London copper fluctuated at a low level, and the latest quotation at 15:01 Beijing time was 9459 US dollars / ton, down 11 US dollars, or 0.
11%.

In terms of the market, today's domestic spot copper prices fell, 1# copper price was 69640 yuan / ton, down 150 yuan, premium 130-190; Guangdong spot 1# copper price was 69550 yuan / ton, down 130 yuan; Yangtze River spot 1# copper 69730 yuan / ton, down 100 yuan, premium 240-liter 260; Shanghai spot 1# copper price was 69605 yuan / ton, down 165 yuan
.

In the spot market, the willingness of holders to adjust prices is not high, the receiver receives the goods at a low price, some traders leave the market to wait and see, the trading is relatively deadlocked, and the overall transaction performance is flat
.
Although the recent copper mine disturbance continues, the weekly inventory in the previous period has stopped degrading, domestic inventories have increased, and the Fed's TAPER expectation has increased, and copper prices are difficult to perform
.

Industry news, according to foreign news on August 6, Peruvian Ministry of Energy and Minerals (Minem) data show that Peru's main export product - copper production in the first half of this year increased by 14.
1%
year-on-year.
The output growth rate of major copper companies fluctuated
between 3.
7% and 64%.

At present, copper mine supply disturbances have increased, South American strikes are still pending, the scope of power cuts in the southwest region has expanded, refined copper production in July was flat month-on-month, and will be reduced by 10,000 tons again in August, but the state still emphasizes ensuring supply and stabilizing prices, requiring the organization to do a good job in the supply scheduling of important commodities, timely and accurate release of reserves, strengthen market supervision, and copper prices are expected to rise and fall limited
.