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Shanghai copper trend: today's Shanghai copper shock sorting, the end of the green turn, the main month 1912 contract opening quotation of 46750 yuan / ton, the highest intraday 46950 yuan / ton, the lowest 46570 yuan / ton, settlement 46710 yuan / ton, close 46570 yuan / ton, down 60 yuan, down 0.
13%.
During the Asian session, London copper rushed back down, and the latest quotation at 15:00 was 5730 US dollars / ton, down 19 US dollars, or 0.
33%.
Today's domestic spot copper prices rose slightly, Yangtze River non-ferrous metal network 1# copper price was reported at 46750 yuan / ton, up 30 yuan, premium 70-liter 130; Guangdong spot 1# copper price was reported at 46670 yuan / ton, up 10 yuan; Yangtze River spot 1# copper price 46800 yuan / ton, up 50 yuan, premium 130-liter 150; Shanghai spot 1# copper price was 46740 yuan / ton, up 40 yuan
.
In the spot market, some holders began to quote the next month's price, traders received more goods, spot premiums continued to come under pressure, and the transaction was slightly better
.
Helped by the UK's new Brexit agreement with the EU, as well as the promotion of trade negotiations between China and the United States, market risk appetite has recovered, the current supply of copper concentrate and copper scrap remains tight, there is a marginal improvement in downstream demand, there is support at the bottom of copper prices, and the trend market still depends on demand
.
