July 3 copper market afternoon review

Today's Shanghai electrolytic copper spot contract reported flat water ~ premium 30 yuan / ton, flat water copper trading price 49050 yuan / ton ~ 49390 yuan / ton, premium copper trading price 49060 yuan / ton ~ 49400 yuan / ton
.
The Shanghai copper morning high was hindered by a first-line consolidation
of 49,400 yuan / ton.
The morning spot market continued yesterday's low quotation flat water ~ premium 20 yuan / ton, after the low-price source was quickly collected, for the holder to increase the confidence of the holding price, the price of the holder raised to 10 ~ premium 30 yuan / ton, but the transaction response was not positive enough, the quotation was deadlocked, flat water copper premium 10 ~ 20 yuan / ton, good copper premium 20 ~ 30 yuan / ton, it is difficult to have room for price reduction, and it is difficult to raise
again.

Today's good copper and flat water copper concentrated transaction in the flat water ~ liter 20 yuan / ton range, downstream to maintain just need to buy, wet copper supply increased, the difference between brands is large, the quotation is slightly lowered to discount 50 ~ discount 30 yuan / ton, some brands of poor wet copper discount can be as large as 70 yuan / ton
.
After the second trading session, the market fell sharply by about 300 yuan / ton, the market inquiry atmosphere was active, there was a willingness to buy at a low price, and the performance of the holders was more persistent, trying to hold the premium level, so the outflow of goods in circulation in the market today was reduced compared with yesterday, making it difficult to have room for price reduction today, and the performance of the premium was temporarily stable
.