The market atmosphere is not good, and the trend of Shanghai copper is weak and volatile

During the Asian session, London copper was strongly volatile, and the latest quotation at 15:01 Beijing time was 9776 US dollars / ton, up 63 US dollars, or 0.
64%.

In terms of the market, today's domestic spot copper prices fell slightly, 1# copper price was reported at 71770 yuan / ton, down 10 yuan, premium 380-440; Guangdong spot 1# copper price was 71440 yuan / ton, down 10 yuan; Yangtze River spot 1# copper 71850 yuan / ton, stable, premium 480-liter 500; Shanghai spot 1# copper price was 71725 yuan / ton, down 125 yuan
.

The spot market continued to hold the price sentiment, traders speculated cautiously, the downstream fear of heights only needed to purchase, the overall trading was weak, and the transaction activity was average
.
There may be a strike at the Escondid copper mine in South America, but the London copper inventory continues to increase, the domestic copper inventory dematerialization rate slows down significantly, and the market atmosphere is not good, coupled with the country's still implement the policy of ensuring supply and stabilizing prices, copper prices are difficult to have optimistic performance
.

The rebound of the epidemic has caused certain interference to the global economic recovery, and global copper stocks have further declined, especially domestic copper inventories have been significantly lower than the level of previous years, but the domestic high-level still continues to speak out to implement the policy of ensuring supply and stabilizing prices, and copper prices are expected to fall
.