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    Home > Chemicals Industry > New Chemical Materials > The market trading atmosphere is optimistic, and copper prices are supported by a stable high

    The market trading atmosphere is optimistic, and copper prices are supported by a stable high

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    On Tuesday, the main contract of Shanghai copper 2002 opened at 49120 yuan / ton in the morning, after the opening until the end of the morning trading session, the center of gravity of copper price hovered around 49080-49230 yuan / ton, with the rapid rise of London copper in the afternoon, Shanghai copper followed the trend of the external market, bulls entered the market strongly, quickly pushed the copper price to the highest point of the day at 49640 yuan / ton, and closed at 49590 yuan / ton, up 570 yuan / ton, or 1.
    16%.

    Copper prices

    In terms of external trading, Apanlon copper opened at 6179.
    5 US dollars / ton in the morning, and after the opening, copper prices basically remained stable in the morning around 6183 US dollars / ton to do a narrow range, and the low level in the morning was 6175.
    5 US dollars / ton
    .
    Until the end of the Asian market, due to the impact of the overseas Christmas holiday, short positions closed and left the market were outstanding, copper prices rose sharply, the European market has rushed up to a high of 6231.
    5 US dollars / ton, and then entered the European market, the rally was slightly suppressed, but the center of gravity basically remained high
    .
    As of 17:30, London copper closed at $6222/ton, up 0.
    78%.

    In terms of the market, Shanghai copper hovered around 49,000 yuan / ton
    .
    The morning market continued the previous day's quotation at the discount of 80 ~ discount 60 yuan / ton, traders are willing to exchange cash, few responders to receive goods, so the market took the initiative to lower yesterday's level, flat water copper as low as 100 yuan / ton, good copper to discount 80 yuan / ton, the monthly ticket is difficult to have a price reduction space, wet copper maintained the previous day's quotation at discount 150 ~ discount 130 yuan / ton nearby
    .
    The receipt of the current month's notes is basically nearing the end, but it is still dominated by the transaction of the current month's tickets, and the difference between the next month's ticket and the current month's ticket price has narrowed to the range of 30~40 yuan / ton compared with the previous day
    .
    Copper fluctuated at a high level, and the downstream gradually entered the year-end settlement, and the overall activity of the market declined, and the overall trading of the market gradually faded
    at the end of the year.
    In the afternoon, the situation of market supply and demand is becoming more and more obvious, and there are few market quotations, so the afternoon quotations tend to narrow slightly on the basis of the morning
    .

    At present, the overall macro of the market is still performing well, and Christmas is coming, and the market trading atmosphere is optimistic; Domestically, the central bank has also repeatedly carried out loose monetary policy, trying to maintain sufficient liquidity, the domestic economy is making steady progress, and Shanghai copper is supported by a stable high
    .

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