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    Home > Chemicals Industry > New Chemical Materials > Shanghai copper shock fell Spot copper prices were mixed

    Shanghai copper shock fell Spot copper prices were mixed

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    Today's Shanghai copper shock fell, the main month 2112 contract opened at 71030 yuan / ton, the highest intraday 71220 yuan / ton, the lowest 70210 yuan / ton, settled 70940 yuan / ton, closed 70360 yuan / ton, down 580 yuan, down 0.
    82%.

    The trading volume of the main 2112 contract of Shanghai copper decreased by 458 lots 108271 the whole day, and the position volume of 133480 contracts decreased by 11730 lots
    .

    Shanghai copper

    During the Asian session, the high level of London copper fell back, and the latest quotation at 15:01 Beijing time was 9613 US dollars / ton, down 54 US dollars, or 0.
    56%.

    In terms of the market, today's domestic spot copper prices were mixed, 1# copper price was reported at 71770 yuan / ton, up 220 yuan, premium 680-liter 740; Guangdong spot 1# copper price reported 71410 yuan / ton, down 50 yuan; Yangtze River spot 1# copper 71960 yuan / ton, up 320 yuan, premium 860-liter 920; Shanghai spot 1# copper price was 71770 yuan / ton, up 270 yuan
    .

    In the spot market, the quotation of cargo holders was delayed, the receiver was afraid of high waiting, the sentiment of taking goods was low, the buying atmosphere continued to weaken, and the overall trading situation was flat
    .
    During the day, due to the strong uncertainty of the news of the Sino-US leaders' talks, and the continued sharp decline of domestic ferrous metals, weak real estate data dragged down copper demand, and the weekly copper inventory in the previous period stabilized, and Shanghai copper warehouse receipts rebounded, and short-term copper prices maintained a high volatility trend
    .

    According to official information from Kazakhstan's largest copper producer, Kazakhmys, the company is currently working on the construction of the Hajikongan copper mine, which will be officially opened this year
    .
    Chile, the world's largest copper producer, is currently in the midst of great political uncertainty, as the country redrafts its constitution and will vote Sunday in a polarized presidential race led by external candidates from the far left and far right
    .

    Recently, after the weakening of power cuts, the operating rate has rebounded slightly, and the production of refined copper will increase, but the poor production and sales of real estate will affect the overall demand trend is weak, especially the double-digit year-on-year decline at the completion end, which promotes the reappearance of downstream pessimism, and it is expected that the rise and fall of copper will be limited
    .

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