-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
Today's Shanghai copper opened low and high, the main month 2006 contract opened at 42730 yuan / ton, the highest intraday 43320 yuan / ton, the lowest 42510 yuan / ton, settled 43000 yuan / ton, closed 43130 yuan / ton, up 120 yuan, or 0.
28%.
The trading volume of the main 2006 contract of Shanghai copper increased by 14,568 lots to 75,387 contracts throughout the day, and the position decreased by 1,658 to 111167 lots
.
In terms of external trading, during the Asian session, London copper was sorted out at a high level, and the latest quotation at 15:00 Beijing time was 5245 US dollars / ton, up 32 US dollars, or 0.
61%.
In terms of the market, today's domestic spot copper prices rose, Yangtze River nonferrous metal network 1# copper price was reported at 43330 yuan / ton, up 220 yuan, 10-70 liters; Guangdong spot 1# copper price reported 43350 yuan / ton, up 210 yuan; Yangtze River spot 1# copper price 43410 yuan / ton, up 220 yuan, premium 180-liter 200; Shanghai spot 1# copper price was 43340 yuan / ton, up 190 yuan
.
On the macro front, U.
S.
jobless claims for the week ended May 9 were 2.
981 million (million), prior: 316.
9, expected: 250
.
The Fed once again stated that it will not consider negative interest rates
for the time being.
The SEC said that securities and futures varieties may have multiple negative prices
in the future.
Overnight, U.
S.
employment data was less than expected, and the market fell sharply, but the leaders of the 20 countries said by video conference that they would work together to deal with the epidemic, and the market bottomed out and eventually only copper fell
.
The center of gravity of Shanghai copper rose during the day, mainly due to the impact of the sharp rise in international oil prices
.
In its latest monthly report, the International Energy Agency said it expects the global oil market to improve
amid historic production cuts.
Although crude oil demand is unlikely to recover in the short term, the slowdown in lockdown measures and increased liquidity have eased the severe oversupply of
crude oil.
Oil prices rose sharply, helping copper prices to rally
from their weekly lows.
However, the annual rate of total retail sales of consumer goods in China in April fell more than expected, limiting the increase in copper prices to a certain extent
.
At present, Shanghai copper closed in the sun, supported by the 20-day and 60-day moving averages below
.
Wait for guidance from the outside to test whether Shanghai copper can rise
again.
