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Shanghai copper trend is strong, the overall trading volume of the market rebounded

 Last Update: 2022-12-24
 Source: Internet
 Author: User

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Today's Shanghai copper trend is strong, the main month 2204 contract opened at 73000 yuan / ton, the highest intraday 73120 yuan / ton, the lowest 71820 yuan / ton, settlement 71490 yuan / ton, closed 73010 yuan / ton, up 1520 yuan, or 2.
13%.

Shanghai copper

During the Asian session, London copper fluctuated higher, and the latest quotation at 15:01 Beijing time was 10410 US dollars / ton, up 155 US dollars, or 1.
51%.

In terms of the market, today's domestic spot copper prices rose, Yangtze River non-ferrous metal network 1# copper price was reported at 72660 yuan / ton, up 1110 yuan, premium 90-150; Guangdong spot 1# copper price was 72500 yuan / ton, up 1010 yuan; Yangtze River spot 1# copper 72610 yuan / ton, up 1030 yuan, premium 50-liter 90; Shanghai spot 1# copper price was 72550 yuan / ton, up 1000 yuan
.

Industry news, according to foreign media reports on March 2, senior Chinese government officials have issued orders to prioritize the security of energy and commodity supplies, fearing supply disruptions
caused by the Russian-Ukrainian war.

In the spot market, holders are active in rising shipments, receivers are cautious in purchasing on demand, the overall replenishment demand performance is better than yesterday, and the overall trading volume has rebounded
.
The sharp rise in overseas energy, the continued disruption on the supply side, and the relatively strong domestic economic growth trend have strongly supported the strong trend
of copper prices.

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