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    Home > Chemicals Industry > New Chemical Materials > Shanghai copper runs strongly, and market demand has not improved

    Shanghai copper runs strongly, and market demand has not improved

    • Last Update: 2022-12-19
    • Source: Internet
    • Author: User
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    Today's Shanghai copper is running strongly, the main month 2010 contract opened at 51650 yuan / ton, the highest intraday 51730 yuan / ton, the lowest 51380 yuan / ton, settled 51520 yuan / ton, closed 51490 yuan / ton, up 190 yuan
    .
    The trading volume of the main 2010 contract of Shanghai copper decreased by 14,529 lots to 73,013 contracts throughout the day, and the position increased by 977 to 110986 lots
    .

    Shanghai copper

    During the Asian session, London copper opened high and low, and the latest quotation at 15:01 Beijing time was 6582.
    5 US dollars / ton, down 17.
    5 US dollars, or 0.
    27%.

    In terms of the market, today's domestic spot copper prices rose slightly, Yangtze River non-ferrous metal network 1# copper price was reported at 51460 yuan / ton, up 50 yuan, 10-70 liters; Guangdong spot 1# copper price reported 51380 yuan / ton, up 50 yuan; Yangtze River spot 1# copper price 51490 yuan / ton, up 20 yuan, premium 50-liter 70; Shanghai spot 1# copper price was 51420 yuan / ton, up 30 yuan
    .

    In the spot market, holders lowered their premiums, some traders received goods at low prices, downstream consumption continued to languish, and transactions were quiet
    .
    LME inventories continue to deteriorate, and the operation of the Grasberg copper-gold mine under Indonesia Freeport has not yet resumed, but the current demand has not improved, and copper prices lack further support, maintaining volatile operation
    in the short term.

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