-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
In the morning market on Monday, the main 1809 contract of Shanghai copper opened at 49,060 yuan / ton, the high of the US dollar fell, and the overnight Shanghai copper gap opened high, rising back to 49,000 yuan / ton
.
After the morning market opened, bears immediately poured in, and copper prices gave up nearly all their gains, to an intraday low of 48,600 yuan / ton
.
Subsequently, a small number of bulls bought low, copper prices rose slightly to 48870 yuan / ton, under pressure after a short shock of the daily moving average, short positions closed, copper price center of gravity continued to rise, to 48950 yuan / ton first-line shock operation, and then bulls replenished positions, pulling up copper prices to the intraday high of 49160 yuan / ton
.
At the end of the session, short and long exited, closing at 49020 yuan / ton, up 680 yuan / ton
.
In terms of external trading, London copper opened at 6153.
5 US dollars / ton, rose slightly at the beginning of the session and then fell, quickly fell to 6118 US dollars / ton, and then slowly rose to 6150 yuan / ton
.
Subsequently, it ran around the first line of 6140 US dollars / ton, with an amplitude of about
30 US dollars / ton.
In the afternoon, copper prices continued to fluctuate upward, after repeated games between the long and short sides, copper prices rose to 6181.
5 US dollars / ton, under pressure of 6200 US dollars / ton, quickly fell back to around 6155 US dollars / ton, as of 17:50, London copper reported 6160.
5 US dollars / ton
.
In the market, the center of gravity of Shanghai copper moved slightly upward, but it was still under pressure of 49,000 yuan / ton, and holders maintained their quotations
on Friday.
Morning market quotation good copper continued to stand up to the premium 50 yuan / ton, flat water copper quotation premium 10 yuan / ton, the market wait-and-see, buying is not good, good copper was the first to be pressed to the premium 30 ~ 40 yuan / ton, flat water copper price reduction to near flat water, trade speculation atmosphere is still not good, downstream on-demand procurement, wet copper discount maintained around 50 yuan / ton, market transactions are still mostly monthly long single transactions, Monday stalemate characteristics are highlighted
.
Last week, the import window was opened, and over the weekend, imported copper was put into storage, the supply of goods increased, and the rise and fall of the future market premium is closely related to inventory and capital pressure, paying attention to the willingness of holders to ship for cash
。 In the afternoon, the market continued to rise, buyers pressed prices, good copper reduction is limited so there is no interest, flat water copper was actually pressed to a discount of 10 yuan / ton, traders only have part of the transaction, but most of them are still to complete part of the long order delivery, the afternoon stalemate pattern is still the same, no improvement, good copper reported flat water ~ liter 10 yuan / ton, flat water copper reported 20 yuan / ton ~ liter 30 yuan / ton, the afternoon transaction price is 48800 yuan / ton ~ 49030 yuan / ton
.
In terms of news, data from the General Administration of Customs showed that China imported 200,000 tons of scrap copper in June, down 10,000 tons from the previous month; From January to June, copper scrap imports were 1.
15 million tons, down 37.
8% year-on-year, the lowest level
since 1999.
The effect of the scrap copper import policy has appeared, or it will increase the consumption of refined copper to support copper prices, and it is expected that Shanghai copper will run
strongly in the short term.
