-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
Copper market afternoon comment: before the interest rate hike, the US stock market fell heavily, and the copper fell overnight to close down 0.
23%; High overseas inflationary pressure has suppressed copper consumption, and domestic replenishment demand before the Spring Festival has gradually weakened, and spot copper is expected to fall
today.
The US PPI rose 0.
2% m/m in December versus 0.
4% expected vs.
0.
8%
in the previous month.
Initial jobless claims in the U.
S.
for the week were 230,000 versus an estimate of 200,000 versus 207,000
in the previous month.
The expectation of 3 interest rate hikes in the United States in 2022 has been widely accepted, overnight U.
S.
PPI was lower than expected, and domestic PPI fell month-on-month, inflationary pressure weakened, and non-ferrous metal highs fell
.
Overnight, London copper bottomed out and closed slightly lower, and U.
S.
copper opened
slightly lower today.
Shanghai copper opened high and closed low at 71620
overnight trading.
Shanghai copper trading positions fell slightly, market sentiment was biased towards neutrality, and the main Shanghai copper contract has switched to the 2203 contract
.
Inflationary pressure has stimulated the market in the short term, but the market reaction is not enthusiastic, it is not appropriate to chase higher, and the medium-term probability returns to the range-bound trend
.
Shanghai copper upper pressure 72500, lower support 69000
.
Today's international copper slightly decreased to 734 points compared with Shanghai copper, and the external trend was significantly stronger than the internal market
.
