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On January 5, the China National Reserve Material Adjustment Center conducted bidding (invitation to bid) procurement
of domestically produced refined copper.
The total purchase volume is up to 150,000 tons, and the deadline for bidding is January 10
.
Yesterday, it was reported that the State Reserve Bureau issued bidding information to collect and store 150,000 tons of electrolytic copper at one time, and the bidding deadline is this Sunday
.
After the news came out, copper stopped falling and turned up, and the main force of Shanghai copper finally closed up 1.
28%.
On Wednesday, the A-share nonferrous smelting sector rose sharply, with Jiangxi copper up 5.
6% and Yunnan copper up 6%.
On January 5, the China National Reserve Material Adjustment Center conducted bidding (invitation to bid) procurement
of domestically produced refined copper.
The total purchase volume is up to 150,000 tons, and the deadline for bidding is January 10
.
Yesterday, it was reported that the State Reserve Bureau issued bidding information to collect and store 150,000 tons of electrolytic copper at one time, and the bidding deadline is this Sunday
.
After the news came out, copper stopped falling and turned up, and the main force of Shanghai copper finally closed up 1.
28%.
On Wednesday, the A-share nonferrous smelting sector rose sharply, with Jiangxi copper up 5.
6% and Yunnan copper up 6%.