Shanghai copper shock fell back The market trading atmosphere is average

During the Asian session, London copper fluctuated at a low level, and the latest quotation at 15:01 Beijing time was 9220 US dollars / ton, down 76 US dollars, or 0.
82%.

In terms of the market, today's domestic spot copper prices rose and fell limited, Yangtze River non-ferrous metal network 1# copper price was reported at 69050 yuan / ton, down 230 yuan, premium 310-370; Guangdong spot 1# copper price was 68990 yuan / ton, down 280 yuan; Yangtze River spot 1# copper 69110 yuan / ton, down 180 yuan, premium 360-liter 420; Shanghai spot 1# copper price was 69060 yuan / ton, up 45 yuan
.

In the spot market, holders continue to focus on shipments, receiving bearish sentiment, just need to stock goods, the trading atmosphere is general, and the overall trading volume is acceptable
.
Restricted electricity in some parts of the country affects the low operating rate, suppressing downstream stocking demand, superimposed on domestic copper inventories are still at a low level, short-term copper prices continue to fluctuate
.

Global copper inventories have further declined, especially domestic copper inventories have fallen significantly, lower than previous years' levels, and domestic reserves are lower than expected, the dual-control policy continues to increase, a large number of A-share companies announced the impact of power cuts and production restrictions, production suspension has not been disclosed deadline, or directly on holiday to the National Day, copper is expected to rise
.