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    Home > Chemicals Industry > New Chemical Materials > The enthusiasm of bulls has increased significantly on the 10-day moving average at the Shanghai copper station

    The enthusiasm of bulls has increased significantly on the 10-day moving average at the Shanghai copper station

    • Last Update: 2022-12-11
    • Source: Internet
    • Author: User
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    On Tuesday morning, the main 1809 contract of Shanghai copper opened at 49010 yuan / ton, at the beginning of the session, the external market boosted, long positions increased, copper prices all the way up to 49350 yuan / ton line, after a short consolidation, copper prices continued to rise in the afternoon, touching 49500 yuan / ton
    .
    At the end of the session, bears sold short entry, bulls took profits and left the market, Shanghai copper fell slightly, closing at 49310 yuan / ton, up 440 yuan / ton
    .

    Shanghai copper

    In the external market, London copper opened at 6136 US dollars / ton, the beginning of the session fell back to the intraday low of 6110 US dollars / ton, but soon rose back to 6178 US dollars / ton
    .
    At noon, the center of gravity fell slightly, and after running along the $6165/ton line, it was blocked at $6200/ton, giving up some of the gains to $6141/ton
    .
    After 15:00 in the afternoon, London copper slowly climbed to 6184.
    5 US dollars / ton, and as of 17:50, London copper reported 6176 US dollars / ton
    .

    In terms of the market, the center of gravity of Shanghai copper continued to move up slightly, the overall operation above 49,000 yuan / ton, the amount of imported copper into the warehouse increased, the market supply was abundant, the willingness of morning market holders to raise prices decreased, good copper quotation premium 30 ~ 40 yuan / ton, flat water copper quotation flat water ~ premium 10 yuan / ton, although the copper rebounded briefly, but the market is still cautious, downstream fear of heights, holders of cash willingness to enhance active reduction, good copper premium about 20 yuan / ton, flat water copper to discount 20 ~ discount 10 yuan / ton, but the buying is not good, Return to the state of
    many sellers and few goods.
    Some traders came for the monthly ticket, the market next month bill accounted for more and more, the next month ticket and the current month ticket price difference widened, the next month ticket quotation good copper flat water about , flat water copper quotation for 40 ~ 30 yuan / ton
    .
    Follow-up supply sources will increase steadily, and the current spot premium may be difficult to sustain
    after the note factor dissipates after the spot premium week.
    In the afternoon, the market rose, quotations expanded slightly, holders continued to raise prices for the month's notes, in order to increase the cash flow of the month, traders undercut the price of the receipt, and the transaction was limited to traders
    .

    During the day, the Shanghai copper station was on the 10-day moving average, and the enthusiasm of bulls was significantly enhanced, and market confidence recovered
    .
    From a technical point of view, MACD turned from green to red, and KDJ expanded significantly
    .
    The offshore yuan briefly stabilized and fell again to 6.
    83, the US dollar index edged higher to 94.
    6 today, today's 5-day moving average and 10-day moving average adhesion, forming strong support below, and the evening focus on whether it can be guided by London copper to break through 49500 yuan / ton
    .

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