-
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
In the last trading day, the main force of Shanghai copper, Cu2101, after bottoming out, the shock rose, the highest was 53060, the lowest was 52300, and it closed at 53000, closing up 0.
17%, and finally closed the lower shadow Yang line; Night trading is mainly
volatile.
Copper fell back after rushing higher, closing at 7069, down 0.
08%.
In terms of the market, the average price of electrolytic copper in Shanghai Nonferrous Metal Network 1# in the last trading day was 52710, down 520, spot premium 170, premium expanded by 10
.
Copper stocks fell slightly by 201 tonnes in the previous session, while LME copper inventories decreased by 1,500 tonnes
.
According to the World Metal Statistics Bureau WBMS, the global copper market has a supply shortage of 887,000 tons in the first nine months of this year, compared with a shortage of 383,000 tons for the whole of 2019
.
At the macro level, the final data shows that the effectiveness of the Pfizer vaccine has reached 95%, but the epidemic situation in Europe and the United States is still severe
.
U.
S.
stocks fell last night, and the dollar index hovered
low.
China emphasizes stabilizing and expanding automobile consumption, and will carry out a new round of automobile to the countryside and trade-in, which is conducive to promoting the downstream consumption
of non-ferrous metals.
Recently, the financial market around the post-epidemic era global monetary policy direction and economic recovery prospects to reassess, a number of heavyweight officials of the Federal Reserve hinted that the easing policy will continue, coupled with the increase in the issuance of China's special government bonds, the global economic growth rate and asset price prospects constitute a major support, financial market risk appetite with the election situation, political and economic policy expectations further boosted, global asset prices, especially the high center of gravity of the stock market and commodities, after a rapid rebound in the short term, asset prices have short-term demand to digest the increase.
However, the reality of the traditional consumption off-season with colored fundamentals has been diluted by optimistic future economic growth expectations, and the medium line focuses on the monetary and fiscal stimulus policy guidelines of various countries and the dynamic supply and demand adjustment of commodities.
