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Brief review of Shanghai copper on August 3

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

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pressure volume work

short term storage

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Today's Shanghai copper narrow range oscillation, the main month 1809 contract opened at 49290 yuan / ton, the highest intraday 49370 yuan / ton, the lowest 49050 yuan / ton, settled 49210 yuan / ton, closed 49230 yuan / ton, up 20 yuan, or 0.
04%.

The trading volume of the main 1809 contract of Shanghai copper decreased by 95214 lots 158676 lots, and the holding volume decreased by 1720 lots to 161328 lots
.

Shanghai copper

Today's domestic spot copper prices rose slightly, Guangdong spot 1# copper price was reported at 49300 yuan / ton, up 40 yuan; Yangtze River spot 1# copper price reported 49300 yuan / ton, up 60 yuan, premium 120 - liter 140; Shanghai spot 1# copper price was 49215 yuan / ton, up 75 yuan / ton
.

Today's Asian market, the US dollar index is strong and volatile, London copper under pressure low running, Beijing time at 15:00 London copper latest quotation of 6093 US dollars / ton, down 46 US dollars, down 0.
75%.

In the spot market, the news of the resumption of work downstream stimulated the premium to continue to rise, and the willingness of cargo holders to raise prices was strong, but the downstream procurement on demand, the overall transaction situation was average
.
Market sentiment has stabilized, continuing to pay attention to the development of Sino-US trade disputes, and short-term copper prices are still affected by macro factors
.

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