April 28 Copper Market Afternoon Review

The profit rate of China's industrial enterprises above designated size in March was 92.
3% y/y, compared with 20.
1%
in the previous month.
The Ministry of Industry and Information Technology and the Energy Bureau organized and carried out the pilot
application of new energy vehicle battery swap mode.
The US house price index rose sharply to a new high
in March.
Tonight, the Fed will release the results of its policy meeting, market sentiment tends to be cautious, and non-ferrous metal highs retreat
slightly overnight.

A general strike in Chile, which may affect copper ore shipments
.
Chile will raise corporate taxes
when copper prices are high.
Overnight, Lun copper rushed back to close Xiaoyang, once reached a new high of $9965, and opened slightly lower at $9860.
5 today
.
After the Shanghai copper rose sharply on the day, it opened slightly lower in the night session, and the shock closed the doji, closing at 72190
.
Shanghai copper trading positions are declining, the market is more cautious before the Fed interest rate meeting, the market may be volatile this week, and it is expected to continue to rise in the medium term
.
Shanghai copper upper pressure 74000, lower support 68000
.
Today's international copper premium fell slightly to 480 points compared with Shanghai copper, and the external sentiment remained optimistic
.