echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Brief review of Shanghai copper on April 6

    Brief review of Shanghai copper on April 6

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Today, the main force of Shanghai copper opened high and maintained a narrow range
    .
    At the end of the day, the main 2205 contract of Shanghai copper closed at 73720, up 350, or 0.
    48%.

    Shanghai copper

    During the festival, London copper rose sharply and then partially retraced, and Shanghai copper opened high and low after the open, repairing the Shanghai-London price
    difference.
    The conflict between Russia and Ukraine has heated up, sanctions from Europe and the United States have increased, Europe has suffered a cold wave in April, energy supply concerns are strong, and copper prices have risen
    .

    Under inflationary pressure, many countries accelerated the tightening of monetary policy, the Fed's remarks were frequent, and the domestic epidemic situation was grim, and copper prices were passively under pressure
    .
    In the medium term, with the improvement of the epidemic, it is expected that the domestic demand side will usher in the dawn.

    Subsequent copper prices maintained a strong view of volatility in the short term
    .
    Pressure level 74000
    .
    Operationally, the shipper can ship at a high price, and the downstream can stock up
    on demand.

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.