 Home > Chemicals Industry > New Chemical Materials > July 6 London Copper Afternoon Review

July 6 London Copper Afternoon Review

 Last Update: 2022-12-25
 Source: Internet
 Author: User

Tags

junel 1 20

rhodium price today

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

London copper afternoon commentary: the dollar soared to a 20-year high, and London copper continued to fall 4.
33% overnight to hit a new 19-month low; Pessimism broke out in a concentrated manner, downstream cautious wait-and-see, Shanghai copper remained weak, and copper is expected to continue to fall
today.

London copper

The dollar soared to a 20-year high, heightened recession fears prompted investors to sell commodities in large quantities, turning into safe-haven assets, and copper continued to weaken overnight, closing down $345, or 4.
33%, to a 19-month low at $7,625 / ton, with a volume of 20,580 lots up 9,724 lots and a 1,332 increase in 234825 positions
.
In the evening, Shanghai copper ran weakly, and the latest closing price of the main monthly 2208 contract was 58460 yuan / ton, down 2440 yuan, or 4.
01%.

The London Metal Exchange (LME) reported its latest stock of London copper at 136,400 metric tons on July 5, down 550 metric tons, or 0.
40%,
from the previous trading day.

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

Disodium 4,4'-bis(2-sulfostyryl)biphenyl, CAS:27344-41-8

CAS No.: 27344-41-8

Reagent Grade

$8-9/KG FOB

China Factory Supply L-(-)-Malic Acid / L-Gydroxybutanedioicacid / pinguosuan CAS 97-67-6

CAS No.: 97-67-6

Industrial Grade

$1800-2000/MT FOB

High quality Fluorescent Brightener CBS-X 98% TOP1 supplier in China

CAS No.: 27344-41-8

Industrial Grade

$3/KG EXW

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.