-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
On Tuesday, the Shanghai copper 1610 contract opened at 37100 yuan / ton, the futures market opened after the black series rose, Shanghai copper bulls were encouraged to increase their positions into the market, short positions closed to hedge, the center of gravity of Shanghai copper moved slightly up to 37150 yuan / ton to stabilize, high touch 37180 yuan / ton, the tail bear power reappeared, Shanghai copper pullback, stabilized near the daily moving average, closed at 37120 yuan / ton, down 20 yuan / ton
.
Intraday Shanghai copper narrow range shock, recovered overnight low open decline, Yellen before Friday's speech, the market is more cautious, long and short are short-term operations, copper price impulse energy is insufficient
.
Externally, London copper opened at 4759 US dollars / ton, the Asian market with the US index fell, London copper shock upward, the high touched 4770 US dollars / ton, 60 day line near pressure, while due to crude oil continued to fall, a wave of long profit outflow, copper prices fluctuated downward, around 4764 US dollars / ton around consolidation, European session, LME announced that the inventory of copper increased by 10,700 tons to 240075 tons, copper prices dipped in response, the low touched 4733.
5 US dollars / ton, as of 17:0 0, London copper reported 4739.
5 US dollars / ton
.
In terms of the market, the Shanghai copper fell in a narrow range, and the copper discount was slightly closed
.
The opening copper newspaper discount is 30 yuan / ton, and the flat water copper newspaper discount is 60 yuan / ton
.
When the plate is close to 37,000 yuan / ton, the enthusiasm of downstream buying is shown, but the holders continue to sell wet copper, and the quotation is firm at the discount of 80-70 yuan / ton, thereby compressing the quotation of low-cost flat water copper, resulting in the minimization of the price difference between various grades of copper, and the supply of low-end copper is therefore suppressed, while traders turn to the purchase of cost-effective PC copper, the market is difficult to have room for price reduction, and the bargain transaction is acceptable
.
Shanghai copper opened low and rebounded during the day, and after the futures price was supported, the plate continued to fall slowly, and it is expected that Shanghai copper will seek momentum around the range in the short term and pay attention to the support below
.
