Shanghai copper rebounded from a low and fell slightly within the day

During the Asian session, London copper rushed back down, and the latest quotation at 15:01 Beijing time was 7628 US dollars / ton, down 31 US dollars, or 0.
40%.

In terms of the market, today's domestic spot copper prices continued to fall, Yangtze River spot 1# copper 63190 yuan / ton, down 190 yuan, premium 640-liter 680; The Yangtze River Comprehensive 1# copper price was reported at 63070 yuan / ton, down 170 yuan, and the premium was 480-600; Guangdong spot 1# copper price reported 62950 yuan / ton, down 140 yuan, premium 320-premium 520; Shanghai spot 1# copper price was 63140 yuan / ton, down 60 yuan
.

In the spot market, holders exchange cash at high prices, receivers buy at low prices, and the willingness to stock up before the holiday appears to be general, but the overall transaction is slightly better than yesterday
.
After the Fed's interest rate hike boots landed, the metal weakened for a while, but with the recovery of the futures market atmosphere, they recovered their declines, and Shanghai copper was sorted out by the oscillation shock during the day, closing slightly lower
.

Shanghai copper opened lower in early trading today, and the latest opening price of the main month 2210 contract was 62,000 yuan / ton, down 550 yuan
.
With the landing of the Fed's interest rate hike decision, macro bearish sentiment strengthened, London copper inventories increased by 10% more than expected, the largest increase since June, and the support for copper prices weakened significantly, and the domestic gold nine is entering the end of the demand is difficult to say strong, coupled with the recent high spot premium also makes the downstream procurement willingness low, mainly consuming the factory warehouse, it is expected that copper will fall
.