Shanghai copper opens high and goes high, paying attention to whether stability can be maintained in the short term

In the external market, the Apanlun copper shock operation climbed in the afternoon, and the latest quotation of London copper at 15:40 Beijing time was 6043 US dollars / ton, up 46 US dollars, or 0.
83%.

In terms of the market, the price of domestic spot copper rose, and the price of Yangtze River spot 1# copper was 48680 yuan / ton, up 780 yuan, and the premium was 40-60; Shanghai spot 1# copper price was 48610 yuan / ton, up 735 yuan / ton
.
In the spot market, holders continued to adjust prices and shipments, but downstream enterprises were afraid of heights and wait-and-see sentiment, and the overall transaction performance was not good
.

On the macro front, the trade war ushered in a turnaround, boosting the sentiment of the non-ferrous metals market that had been severely suppressed by the macro, and sources said that the United States issued an invitation to China to negotiate indicating that some people in the Trump administration still hope to make every effort to make every effort to make China meet the needs of the United States before imposing tariffs on China, and the news has raised hopes that the two countries will reach an agreement, but should not be blindly optimistic
.
At present, the market bearish sentiment has weakened, and copper prices have received some support
.

Shanghai copper fell back in overnight trading, and the futures price opened slightly higher, and fell back under pressure around 48800
.
Shanghai copper maintains a volatile rebound trend, currently oscillating near the 30-day line, whether it can stand firm at the 30th line in the short term, which is the key
to whether the shock rebound trend in the future market can continue.