-
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
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
On Thursday, the main contract of Shanghai copper 1909 opened at 47110 yuan / ton, which opened at the highest level of the day, and then the disk shock fell to 47010 yuan / ton, and then the disk rose slightly, the center of gravity rose to 47040 yuan / ton around the narrow range of shock finishing, and then the center of gravity fell to the lowest level of the day 46970 yuan / ton
.
In the afternoon, the market rebounded slightly, pulling up to 47080 yuan / ton, and then continued to decline, closing at 47020 yuan / ton, up 30 yuan / ton, or 0.
06%.
South Reserve East China electrolytic copper: 47020 yuan, up 10, the monthly discount quotation: 10 to 60, up 5
.
Near the end of the month, the market has appeared the next monthly ticket quotation, but the market is still dominated by the current monthly ticket quotation
.
In the morning market, there is a phenomenon of holders raising prices, consumption remains low, coupled with the increase in the willingness of holders to exchange cash, the price of premium is rapidly reduced, and after the price adjustment, flat water copper is concentrated in the transaction of 10 yuan / ton of premium, and the price reduction space is small; Good copper premium followed the downward adjustment, reporting a premium of about 60 yuan / ton, which is relatively stable, but there is a low-price supply
.
The market is still maintaining a weak atmosphere of the previous day, market trading is still not smooth, traders remain on the sidelines
.
Copper rose 50-60 yuan for the month, up 5; Flat water copper premium 10-20 yuan, flat; Wet copper discount 50-40 yuan, flat
.
South China Electrolytic Copper: 46930 yuan, up 30, the month's premium quotation: -80 to -40, up 20
.
After the first two days of large discount shipments, the holders began to have a reluctance to sell, the overall quotation is not much, the discount range is also slightly narrowed, in the morning flat water copper concentrated -70 yuan / ton, liter discount from the previous day up about 20 yuan / ton, good copper because of few shipments, the quotation is more firm, reported -40 yuan / ton, the premium rose about 30 yuan / ton from the previous day
.
Traders still have low replenishment demand, but due to concerns about future market consumption, traders only make up for low prices, and flat water copper is pressed to -80 yuan / ton of transactions
.
Overall, the recent decline in copper prices has improved downstream procurement, and cargo holders also want to sell at higher prices, the center of gravity of the premium has moved up slightly, and traders are hesitant to receive goods, and the trading performance is average
.
At present, the overall trend of Shanghai copper volatility weakened, the dollar continued to strengthen high, rushing up to the 97.
8 mark, mainly because the market still expects the probability of the Fed cutting interest rates sharply, although the US economic data has weakened, but compared with the global economy is still performing well, the market generally recognizes the interest rate cut of 25 basis points, the dollar is stable at a high level, copper prices are under pressure to weaken
.