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    Home > Chemicals Industry > New Chemical Materials > The social treasury continued to fall and copper prices rose in shock

    The social treasury continued to fall and copper prices rose in shock

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    Copper prices rose over the weekend, market trading began to amplify, and the long and short divergence was not small
    .
    China's August CPI rose 0.
    8% year-on-year, PPI rose 9.
    5% year-on-year, and the larger scissor difference may take more time to digest, and the government's attitude towards large price increases seems to be divided
    .
    Domestic spot premium of 70 yuan, rebounded from a low level for two consecutive days, and maintained rigid demand
    downstream.
    Domestic spot premiums in North China and South China are still pulling back, and spot support mainly comes from the import side
    .
    The copper price will open up to 70,000 space, pay attention to the sustainability of this price level, and hold
    more.

    Copper prices

    9-10: The average price of electrolytic copper in Foshan in Nanchu: 70030 yuan, up 1160, the monthly discount quotation: 50 to 50, down 5
    .
    Non-ferrous metals showed a good trend during the day, and Shanghai copper turned red driven by optimism; The social treasury continues to decline, the morning holders habitually hold the price of shipments, the morning flat water copper on the month reported a premium of 60 yuan / ton, good copper maintained a week without price difference reported, the weekend to the downstream slightly stocked, the mainstream transaction price in the premium of about 40-50 yuan / ton, but the copper plate surface remains high, the enthusiasm for buying and purchasing is not high, just need to be saturated and then delisted, the second quarter of the transaction is light, the overall consumption is light, and the trading is weak.

    Copper premium 40-50 yuan for the month, and flat water copper premium 40-50 yuan
    .

    9-10: The average price of electrolytic copper in Shanghai of Nanchu: 70040 yuan, up 1180, the monthly discount quotation: 40 to 80, up 15
    .
    Copper prices fluctuated around the 69,000 line, and the white disk rebounded upward, and the overall shock closed positive; Most traders in the spot market enter the market for quotation on the grounds of receiving goods, but the market demand is relatively flat, and most holders choose to wait and see; In the later stage, there are gradually holders to test the water shipment, flat water for the current month reported a premium of 50-60 yuan, good copper for the month reported a premium of 60-80 yuan / ton, the receiver gradually entered the market to inquire for procurement, the overall atmosphere is mainly shipment; Near the end of the first period of trading, the mainstream transaction price of flat water copper is 30-40 yuan / ton in premium, good copper goods are less, the premium is about 80 yuan / ton, and the demand for receiving goods has increased slightly; Entering the second trading session, the quotation gradually stabilized, and the market trading improved slightly; The downstream rises and waits, and the overall trading atmosphere and trading volume of the market are average
    .
    Copper premium to the current month premium 60-80 yuan, up 5; flat water copper premium 30-40 yuan, flat; Wet copper sticker 80-60 yuan, down 40
    .

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