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    Home > Chemicals Industry > New Chemical Materials > The center of gravity of the copper disk fell sharply

    The center of gravity of the copper disk fell sharply

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    Wednesday Shanghai copper main contract 1907 opened at 47420 yuan / ton, the morning plate between 47360-47430 yuan / ton continued to narrow range of shock sorting, the afternoon bears followed the London copper increase to suppress, the center of gravity of the plate fell straight down to around 47260 yuan / ton, here for the shock repair, Shanghai copper in the London copper fell endlessly under the influence of the decline to the lowest point of the day 47130 yuan / ton, and then the end of the session rose slightly and closed at 47160 yuan / ton, down 550 yuan / ton, down 1.
    15%

    Copper period

    In terms of external trading, Asian market, London copper opened high at 6009 US dollars / ton in the morning, and after touching 6011.
    5 US dollars / ton at the open, the center of gravity of copper prices basically remained stable around 6006 US dollars / ton, and made a narrow range around this level, trying to hold the 6000 yuan / ton mark
    。 Until entering the afternoon, the news said that the United States considered putting 5 Chinese enterprises on the "blacklist", once again triggering market risk aversion, the dollar rose again, bears took the opportunity to enter the market, suppressing copper prices performance rapid shock fall, the decline continued until entering the European market, bottoming out of 5957 US dollars / ton after a slight recovery, as of 17:30, London copper reported 5971 US dollars / ton, down 0.
    52%.

    Overnight, London copper broke 6,000 US dollars and fell, Shanghai copper followed the decline, and today's copper was sorted
    out around 47400 yuan / ton.
    Spot inventory performance decreased, superimposed copper prices fell, the morning market inquiry atmosphere is active, the willingness to receive goods is proactive, the holder is resolute, the market opens with a premium of 100~150 yuan / ton, attracting some traders to buy and deliver long orders, the premium shows a slight increase, flat water copper is lower than the premium 100 yuan / ton difficult to find a source, is raised to the premium 110 ~ 120 yuan / ton, good copper premium 150 ~ 160 yuan / ton near the transaction continues to perform well, downstream bargain trading willingness continues to improve, wet copper is a comprehensive premium, The quotation premium is 20~50 yuan / ton
    .

    The market supply performance is not abundant, traders receive and deliver long orders, the decline in the market attracts some downstream bargain buying, the current market has not shown signs of stopping, short-term will still maintain high premium quotations
    .
    In the afternoon, as the market price continued to fall, it further enhanced the confidence of holders to make firm quotations, but the high premium in the morning made the willingness to buy downstream be suppressed, so the market traded at a low price in the afternoon, but the space for price reduction was limited
    .
    In the afternoon, flat water copper reported a premium of 90-110 yuan / ton, a good copper report of 130-a liter of 150 yuan / ton, and the transaction price was in the range of 47240 yuan / ton - 47350 yuan / ton
    .

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