-
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 morning, the main force of Shanghai copper changed the month for 1906 contracts to open at 49480 yuan / ton, after the opening narrow range hovered above the daily average of 49500 yuan / ton, and then the performance failed to maintain the daily average, the center of gravity fell slightly back to 49450 yuan / ton, during the period of testing down 49430 yuan / ton, then the external force, bulls increased a large number of positions, driving Shanghai copper to actively pull up, the end of the session accelerated upward, high 49990 yuan / ton, closed 49890 yuan / ton, up 530 yuan / ton, up 1.
07%
。
In terms of external trading, Asian market, London copper opened at 6479.
5 US dollars / ton, after opening around the daily moving average narrow range, copper prices fell to the daily moving average, the center of gravity fell to around 6474 US dollars / ton, touched 6473 US dollars / ton, and then due to the news of the Brexit extension, and the foreign CESCO meeting came to the bullish sentiment on the future market copper prices, the market risk aversion turned good, copper prices rose
sharply.
Near the European market
.
The amplitude performance of copper prices was amplified, and the European market was 6538 US dollars / ton, and as of 17:00, London copper was reported at 6521 US dollars / ton
.
In terms of the market, Shanghai copper around the daily average of 49300 yuan / ton a line sorted, morning traders inquiry active, holders quotation premium 40 ~ 150 yuan / ton, the market still presents a cautious wait and wait for the price adjustment trend, soon the holder slightly reduced the quotation shipment, good copper can be pressed to around 120 yuan / ton, flat water copper generally dropped to a premium of 10-20 yuan / ton, some traders low price to flat water receipt warehouse receipt source, wet copper quotation stable at discount 80 ~ discount 40 yuan / ton, Downstream consumption remains rigid in demand, the market continues to oversupply, and low-priced sources can still attract some speculators to enter the market
.
During the day, some warehouse receipts were still eager to exchange for cash, and the transactions were mostly dominated by trade speculators
.
In the afternoon, although the contract spread narrowed and the price of the market rose, due to the release of bullish sentiment in the market, the holders rose firmly, the quotation remained stable, and the market inquiry atmosphere was positive, but the market trend rose rapidly, and the high-price transaction was still suppressed to a certain extent, and the actual transaction performance was average
.
1905 contract opened at 49400 yuan / ton in the morning, the center of gravity in the first trading session at the beginning of the session showed shock upward, probing 49640 yuan / ton, copper prices in the afternoon stable 49520 yuan / ton after the shock, the end of the session quickly rose, high 49840 yuan / ton, closed at 49790 yuan / ton, the current 1905-1906 contract spread in the range of 90-100 yuan / ton, near weak far strong characteristics are obvious, the future market copper price is obvious
.
