December 13 copper market noon review

Today's Shanghai electrolytic copper spot contract reported a premium of 30 yuan / ton ~ 110 yuan / ton, flat water copper trading price of 49150 yuan / ton ~ 49250 yuan / ton, and premium copper trading price of 49200 yuan / ton ~ 49280 yuan / ton
.
Shanghai copper continued to come under pressure, maintaining a low-level shock pattern, sorted out at 49200 yuan / ton line
.
Spot high premium since the beginning of this week to maintain a continuous rapid decline trend, morning market holders quoted flat water copper premium of about 70 yuan / ton, good copper premium 100 ~ 120 yuan / ton, holders of cash eagerness, in the lack of attention quickly fell to less than 100 yuan, good copper continued to lead the rise of 70 ~ 80 yuan / ton, flat water copper followed to 40 ~ 50 yuan / ton, but still difficult
to trade.

In the second trading session, some traders led the low-price dumping, good copper has dropped to 50~60 yuan / ton, flat water copper premium 30~40 yuan / ton, the transaction slowly eased gradually
.
Today, wet copper has been significantly reduced to the level of 120 ~ discount 80 yuan / ton under the trend of market quotation leakage
.
Downstream buying remains sluggish today, and speculators have returned to rationality
.
Approaching delivery, the price difference fluctuates around 30 yuan / ton in the next month, and the spot premium will also be around this operating range, although there is still a small amount of room for decline, but the speed and willingness of cargo holders to reduce has eased compared with the beginning of the week
.