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    Home > Chemicals Industry > New Chemical Materials > April 24 Shanghai copper afternoon review

    April 24 Shanghai copper afternoon review

    • Last Update: 2022-12-15
    • Source: Internet
    • Author: User
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    Overnight, the main 1906 contract of Shanghai copper opened at 49050 yuan / ton, after opening at 49100 yuan / ton, under the guidance of the external market, copper prices fell rapidly, intraday low 48830 yuan / ton, the low did not last, the performance rebounded at the end of the session, until the close of 49070 yuan / ton
    .

    Shanghai copper

    Affected by the bright earnings reports of many US companies yesterday, the dollar rose to a high of 97.
    8, a new high
    since May 2017.
    Shanghai copper followed the fall in the external market, and the performance made up for the gap
    .

    At present, the Shanghai copper closing entity is in the gap level, and the center of gravity has completely lost the support of the Bollinger mid-band, and there is a possibility
    of continuing to make up the gap today.
    Today's focus is on European economic data, which has not improved from expectations and will continue to guide the market to the US dollar
    in safe haven.

    At present, the spot market has not shown obvious signs of active replenishment for the delivery of long orders, and the market spread is still without room for arbitrage, the market is light, and the market is down, which may attract a wave of low-priced buying
    .
    It is expected that today's Shanghai copper 48800-49200 yuan / ton, spot discount 30-liter 90 yuan / ton
    .

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