Shanghai copper short-term high volatility market transaction has decreased

During the Asian session, London copper fluctuated at a low level, and the latest quotation at 15:00 Beijing time was 9047 US dollars / ton, down 78 US dollars, or 0.
85%.

In terms of the market, today's domestic spot copper prices rose, Yangtze River non-ferrous metal network 1# copper price was reported at 66450 yuan / ton, up 870 yuan, premium 0-liter 60; Guangdong spot 1# copper price reported 66500 yuan / ton, up 850 yuan; Yangtze River spot 1# copper 66620 yuan / ton, up 880 yuan, discount 20-discount 0; Shanghai spot 1# copper price was 66660 yuan / ton, up 1110 yuan
.

In the spot market, downstream just need consumption, traders are mainly circulating, and transactions have decreased
.
The macro atmosphere is generally warm, supply-side disturbances are increasing, Chile and Peru are worried about copper mine strikes, but the inflection point of inventories still needs to be waited and see, and short-term copper prices fluctuate
high.

On the news front, the United States officially signed a $1.
9 trillion economic stimulus bill after the OECD raised its global economic growth forecast, and the prospects for economic recovery have improved significantly as vaccinations continue to advance
.
Spot copper prices are expected to rise
sharply due to the recent disruption of supply at the mine end, with a possible strike at Chile's Los Pelambres copper mine and Glencore's Antapaccay copper mine in Peru suspending operations due to community lockdowns.