-
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 opened at 51110 yuan / ton in the morning, after the opening of the short position copper price rushed to the intraday high of 51200 yuan / ton, at this time the long position copper price turned down, the plate fell to 50930 yuan / ton, the overall running below the daily moving average, before the noon close slightly raised, closed at 51050 yuan / ton
.
The afternoon opening maintained a volatile trend, the center of gravity stabilized at 51,000 yuan / ton, the lowest intraday low was 50,900 yuan / ton, and finally closed at 50,940 yuan / ton, up 50 yuan / ton, or 0.
1%.
In terms of spot, the countdown before the holiday, the market has no trading volume as a basis, some quotations are difficult to trade, and the state of price and no market will continue until tomorrow
.
In terms of stocks, copper stocks in the previous session fell by 2,127 tons to 53,116 tons, while LME copper stocks increased by 29,500 tons to 103,100 tons
.
On the macro front, the three major U.
S.
stock indexes closed up collectively overnight, the dollar index retreated, and market pessimism subsided
.
The U.
S.
House of Representatives said it was drafting a bailout package to cut to $2.
4 trillion, boosting market confidence
.
The ECB said the economic outlook was uncertain and it was ready
to do more if necessary.
The People's Bank of China emphasizes prudent monetary policy to be more flexible and moderate, and to maintain reasonable and sufficient
liquidity.
Overall, as the dollar falls, copper prices temporarily get support, today's Shanghai copper or shock is strong, Cu2011 reference range 50600-51300, pre-holiday position reduction, control risks
.
