echemi logo
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > July 22 copper market morning review

    July 22 copper market morning review

    • Last Update: 2022-12-19
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit

    The copper market continued to rise slightly on Tuesday, with a sharp drop in the dollar supporting
    the market.
    The EU through the Eurozone Recovery Fund, markets await the next round of stimulus in the United States
    In the evening, international non-ferrous metals rose collectively, London copper futures closed at 6563 US dollars / ton, up 1.
    37%, domestic nonferrous futures rose overnight, Shanghai copper futures 2009 contract reported R 51380 yuan / ton, up 1.

    The copper market is still strong outside and weak inside, LME stocks continue to fall by more than 4,000 tons, warehouse receipts are still increasing, protesters attacked Las Bambas transport convoys in Peru, and concerns about overseas mine production remain.

    The dollar index is close to the March position, and copper prices are resolving previous highs, waiting for clarity

    Vale, BHP Billiton's production in the second quarter fell sharply, to a certain extent, triggered the market's concerns about supply, oil prices also have a certain supporting effect on copper prices, but from the current situation, the supply side supply outlook is still relatively stable, and the domestic market is also showing a seasonal slowdown, and overseas financial markets have shown a certain degree of overbought copper, it is expected that the subsequent copper prices above the pressure is greater, there is a greater possibility
    of decline.

    This article is an English version of an article which is originally in the Chinese language on 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 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 It will be replied within 5 days.

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