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A brief review of Shanghai copper on September 6

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

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Shanghai copper rebounded slightly today, with the main contract closing at 47560 points, up 0.
61%.

At noon, there was news that the United States will announce 200 billion commodity tariffs, but there is still no official news outflow, and it is recommended that the specific announcement be subject to the official announcement
.
From the perspective of the market, the decline in copper prices slowed down, and today's trading was cautious, and the overall trading volume was limited
.
In the near future, there are doubts about the continued upward momentum, while paying attention to the bottom support of 47,000 points, and the downstream just needs to be stocked
.

Shanghai copper

South Reserve East China: average price of electrolytic copper: 47980 yuan, up 350, premium quotation: 90 to 150, down 60
.
In East China, copper prices rebounded slightly and import windows reopened, holders have adjusted prices to dump goods, the premium fluctuation is too large for buyers to wait and see, the market hit a new low in the year The trend is not clear, the downstream maintains wait-and-see, and the overall transaction is weak
.
Today's premium copper mainstream trading pair futures contract premium 150-160 yuan, flat water copper premium 80-90 yuan, wet copper premium 30-40 yuan
.

South China: average price of electrolytic copper: 48010 yuan, up 370, premium quotation: 140 to 170, down 35
.
In Guangdong, copper prices rebounded slightly from a low level, due to concerns about the news of US tariffs on China about to land, downstream companies were cautious and did not chase up, today only on-demand procurement, the overall poor receipt of goods makes the holders weak to hold prices, and the market is more shippers, the premium started a sliding mode, flat water copper premium fell to 130 yuan / ton, but the transaction is still not ideal
.
The premium copper mainstream trading pair futures contract premium is 160-170 yuan / ton, and the flat water copper premium is 130-140 yuan / ton
.

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