-
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
Today's Shanghai copper weak operation, the main month 2112 contract opened at 70630 yuan / ton, the highest intraday 70680 yuan / ton, the lowest 68770 yuan / ton, settled 70270 yuan / ton, closed 69590 yuan / ton, down 680 yuan
.
The trading volume of the main 2111 contract of Shanghai copper increased by 27,738 lots 166446 lots, and the position volume of 157158 lots increased by 1,774 lots
.
Today's domestic spot copper prices fell, Yangtze River non-ferrous metal network 1# copper price was reported at 70420 yuan / ton, down 950 yuan, premium 120-liter 180; Guangdong spot 1# copper price was reported at 70380 yuan / ton, down 1040 yuan; Yangtze River spot 1# copper 70530 yuan / ton, down 940 yuan, premium 150-liter 350; Shanghai spot 1# copper price was 70230 yuan / ton, down 1030 yuan
.
During the Asian session, the trend of London copper fluctuated, and the latest quotation at 15:01 Beijing time was 9457 US dollars / ton, up 44 US dollars, or 0.
47%.
In the spot market, the holders continue to lower the discount quotation shipment, the downstream is appropriate bargain hunting, the enthusiasm for trading is not high, and the overall transaction is slightly flat
.
The power shortage at home and abroad has eased, the production pressure of smelters has declined, and the coal storage capacity of power plants has continued to increase, coupled with the obvious decline in spot copper premium, and the surrounding pessimism has dragged
down the trend of copper prices.
On the industry front, Canada's Ivanhoe Mines Corp (TSE: IVN) said Tuesday that the expansion of its Kamoa-Kakula mine in the Democratic Republic of the Congo is ahead of schedule and will double production to about 400,000 tons of copper
per year, according to the mining website.
Chilean copper production in September 2021 was 6.
75% lower than in the same period last year, as production from all major copper mines fell
, according to data released by the Chilean Copper Council (Cochilco).
At present, the pressure of domestic economic operation is greater, and the power rationing policy continues to cause the downstream copper production stoppage and reduction phenomenon to increase, the demand side is still weak, coupled with the epidemic disturbance in Changzhou, several large households temporarily stopped and watched, the downstream has shown a cautious wait-and-see attitude, the market is showing a deadlock, and copper is expected to fall
.
