 Home > Chemicals Industry > New Chemical Materials > July 29 Shanghai copper afternoon review

July 29 Shanghai copper afternoon review

 Last Update: 2022-12-19
 Source: Internet
 Author: User

Tags

copper based fungicide

copper perchlorate

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Last night, the Shanghai copper 2009 contract closed at 51,830 yuan / ton, up 0.
25%, with a volume of 64,000 lots, and long positions increased by 2,467 lots to 117,000 lots
.
Copper prices rose back after touching low last night, and London copper fell to $6391 / ton, and then started a strong rebound, pulling up more than $70 / ton
in the evening.
Shanghai copper also maintained its upward trend after the night open, recovering its afternoon diving losses
.

Shanghai copper

On the macro front, the new round of stimulus negotiations in the United States was difficult, the consumer confidence index fell more than expected in July, and the three major stock indexes of US stocks fell across the board, indicating that the impact of the epidemic on the United States continues
.
Copper prices are expected to remain volatile, supported by easing funds and tight supply expectations
.

In terms of spot, the market has basically turned to the next monthly ticket quotation, and the transaction presents a prize pool tug-of-war
.
It is expected that today's London copper 6400-6470 US dollars / ton, Shanghai copper 51500-51900 yuan / ton
.
It is expected that today's spot premium will be 30-100 yuan / ton
.

This article is an English version of an article which is originally in the Chinese language on echemi.com 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 service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

1,3-Bis(2-hydroxyethoxy)benzene Manufacturer/High quality/Best price/In stock

CAS No.: 102-40-9

Industrial Grade

$3/KG EXW

China suppliers high quality Dioctyl terephthalate cas 6422-86-2 with best price for sale

CAS No.: 6422-86-2

Pharmacy Grade

$1-1.2/MT FOB

Activated Alumina Ball Aluminum Oxide Remove Catalyst for Air Purification Drying

CAS No.: 1344-28-1

Industrial Grade

$1-1.2/MT FOB

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

announcements today(81)

80 20 company(94)

united states logo(227)

single use technology(195)

healthy food name(42)

ups united states(221)

Hot Articles

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 service@echemi.com. It will be replied within 5 days.

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