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    Home > Chemicals Industry > New Chemical Materials > Shanghai copper weak operation The overall trading volume of the market is low

    Shanghai copper weak operation The overall trading volume of the market is low

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    Today's Shanghai copper weak operation, the main monthly 2203 contract opened at 71280 yuan / ton, the highest intraday 71990 yuan / ton, the lowest 70410 yuan / ton, settled 71290 yuan / ton, closed 70480 yuan / ton, down 810 yuan, down 1.
    14%.

    The trading volume of the main 2203 contract of Shanghai copper increased by 21218 lots 116128 lots, and the position volume 145535 decreased by 8814 lots
    .

    Shanghai copper

    During the Asian session, London copper fluctuated at a low level, and the latest quotation at 15:01 Beijing time was 9844 US dollars / ton, down 89 US dollars, or 0.
    98%.

    In terms of the market, today's domestic spot copper prices fell, Yangtze River non-ferrous metal network 1# copper price was reported at 70710 yuan / ton, down 410 yuan, 100-160 liters; Guangdong spot 1# copper price was reported at 70600 yuan / ton, down 490 yuan / ton; Yangtze River spot 1# copper 70820 yuan / ton, down 330 yuan, premium 230-liter 270; Shanghai spot 1# copper price was 70835 yuan / ton, down 195 yuan
    .

    In the spot market, holders want to cash in on highs, downstream consumption is weak, and the overall trading volume is low
    .
    Domestic copper smelter production has gradually rebounded, and downstream terminal consumption is still relatively sluggish, but copper inventories are still in a low position during the off-season, and copper prices are difficult to fall
    significantly in the short term.

    Shanghai copper opened lower today, and the latest opening price of the Shanghai copper 2203 contract was 71160 yuan / ton, down 130 yuan
    .
    Domestic refinery production has rebounded, supply has increased significantly, downstream consumer terminals are still dragged down by the overall trend of real estate, and most enterprises are gradually stopping work, demand is weakened, and it is difficult to perform well, and copper is expected to fall.

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