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The recovery of the domestic economy continues to show that Shanghai copper is running strongly

 Last Update: 2022-12-20
 Source: Internet
 Author: User

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Today's Shanghai copper is running strongly, the main monthly 2101 contract opened at 57730 yuan / ton, the highest intraday 58190 yuan / ton, the lowest 57510 yuan / ton, the settlement 57850 yuan / ton, the close 57850 yuan / ton, up 270 yuan
.
The trading volume of the main 2101 contract of Shanghai copper increased by 15138 lots 109766 the whole day, and the position decreased by 4252 to 88776 lots
.

Shanghai copper

During the Asian session, London copper fluctuated running, and the latest quotation at 15:00 Beijing time was 7807.
5 US dollars / ton, up 0.
5 US dollars, or 0.
01%.

In terms of the market, today's domestic spot copper prices rose, Yangtze River nonferrous metal network 1# copper price was reported at 57920 yuan / ton, up 460 yuan, discount 110-discount 50; Guangdong spot 1# copper price was 58055 yuan / ton, up 505 yuan; Yangtze River spot 1# copper price 57980 yuan / ton, up 470 yuan, discount 40-discount 20; Shanghai spot 1# copper price was 57875 yuan / ton, up 455 yuan
.

In the spot market, holders actively dumped goods, market inquiries were less, and downstream consumption was weak
.
China's economic operation continues to recover, and the launch of vaccines in some major countries has boosted the market, Goldman Sachs said that China's demand is strong, copper prices continue to be high
.

In terms of news, China's economic recovery in November continued to show, industrial production showed a steady rise, overall improvement, and the growth rate of industrial product exports accelerated significantly; From January to November, investment in the three major areas continued to improve, infrastructure investment growth accelerated, and spot copper prices were expected to rise
.

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