Shanghai copper weak operation The market trading atmosphere is more active

During the Asian session, the London copper high fluctuated in a narrow range, and the latest quotation at 15:01 Beijing time was 9556 US dollars / ton, up 27 US dollars, or 0.
28%.

In terms of the market, today's domestic spot copper prices fell, Yangtze River non-ferrous metal network 1# copper price was reported at 71060 yuan / ton, down 710 yuan, premium 780-liter 840; Guangdong spot 1# copper price was reported at 70600 yuan / ton, down 810 yuan; Yangtze River spot 1# copper 71200 yuan / ton, down 760 yuan, premium 900-liter 1000; Shanghai spot 1# copper price reported 70970 yuan / ton, down 800 yuan
.

In the spot market, the supply of goods is tight, the holders cover the goods and sell, the receivers are actively inquiring, and the trading atmosphere is more active, which continues to push up the premium quotation
.
The decline of domestic black dragged down the nonferrous market, and the downstream consumption side is difficult to improve, and under the leadership of pessimism, copper prices are weak.

At present, the Sino-US talks seem to have no good news, while the overall demand for domestic copper consumption is still weak, the National Bureau of Statistics released 70 city house price data in October, down 0.
3% month-on-month, and the market generally believes that the new housing market will still face a greater risk of price reduction, forming a certain suppression of copper consumption, making the market sentiment significantly depressed, and copper is expected to fall
.