Brief review of Shanghai copper on June 3

Yesterday, the dollar index briefly strengthened, putting pressure
on copper prices for a short time.
However, due to the continued strength of oil prices in the near future, this has given copper prices relatively good support
both from the perspective of the overall environment of industrial products and from the perspective of inflation boost.
And at present, it can be found that the sentiment of domestic holders supporting prices has reappeared, although the spot transaction is still relatively light, but the holders are not willing to give up the discount to seek shipments, so under such circumstances, it is expected that copper prices will remain volatile.

Chile copper mine disturbance continues, global green energy conversion coupled with economic recovery to bring industrial demand, long-term copper prices maintain a preference outlook, supporting copper prices
.
But overnight, the Federal Reserve released the economic Beige Book to affirm the economic growth rate, on the other hand, began to sell its corporate bonds, QE tapering expectations increased to promote market confidence turn, in tomorrow's US unemployment data before the landing of the US dollar index layout, after the afternoon the US index continued to rise to suppress copper price rebound, the US economy returned to a strong pattern under the Fed or early to gradually reduce the easing pattern, in the current copper price bureau brought pain, the recent domestic stability commodity policy suppressed the overall price momentum
。 It is expected that the weak bottom of Shanghai copper in the night market is the main one, pay attention to the support around 7.
15-72,200, and wait and see at night, waiting for tomorrow's price to stabilize and consider appropriate entry
.