Shanghai copper runs at a low level The overall trading volume of the market is average

During the Asian session, London copper opened high and went high, and the latest quotation at 15:00 Beijing time was 8909.
5 US dollars / ton, up 320.
5 US dollars, or 3.
73%.

In terms of the market, today's domestic spot copper prices fell sharply, Yangtze River nonferrous metal network 1# copper price was 64760 yuan / ton, down 2320 yuan, discount 70-discount 10; Guangdong spot 1# copper price reported 64810 yuan / ton, down 2280 yuan; Yangtze River spot 1# copper 64810 yuan / ton, down 2320 yuan, premium 20-liter 40; Shanghai spot 1# copper price was 64735 yuan / ton, down 2255 yuan
.

In the spot market, holders are actively shipping, traders are cautious and wait-and-see, downstream just need to consume, and the overall transaction is general
.
The Fed did not give a "bailout" signal, the rise of U.
S.
bonds and the dollar put pressure on the current fundamentals, and macro factors disturbed the market
.

In terms of news, Capital Economics Research reported that copper prices may continue to fall in the future, and some fundamental factors supporting industrial metal prices are beginning to fade
.
In addition, a February survey of more than 20 investment banks and research institutions by Focus Economics showed that copper prices tend to fall
from their current positions for the rest of the year.
The current macro atmosphere is disturbing the market, and the sell-off in U.
S.
bonds has put pressure on risk assets, and spot copper prices are expected to fall
sharply today.