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Copper market afternoon comment: the market is optimistic about economic recovery, overnight London copper continued to rise to close up $53, overseas demand began to gradually recover, analysis is expected to short-term scrap copper supply is tight, copper today is rising
.
Today's Shanghai electrolytic copper spot contract reported a premium of 40 ~ 60 yuan / ton, the trading price of flat water copper was 49800 yuan / ton ~ 49890 yuan / ton, and the trading price of premium copper was 49810 yuan / ton ~ 49900 yuan / ton
。 Shanghai copper center of gravity slowly pushed up to 49850 yuan / ton line, spot market holders quotation firm, morning market is reported premium 50 ~ 60 yuan / ton, buyers a little hesitation, transaction deadlock, after 10 o'clock, after price pressure, flat water copper can be traded in the premium 40 yuan / ton, but the quotation is still firm, good copper remains stable at 50-60 yuan / ton, wet copper rarely changes, stable at about 50 yuan / ton
.
The market continued to push steadily higher, the spot market also tried to push up the premium at the same time, holders rarely relaxed their mouths to take the initiative to reduce prices, traders actively inquired, as the main contributor to today's
transaction.
Although the supply and demand sides are temporarily tug-of-war, and the actual transaction is slightly glued, it is difficult to change the current trend
of stable and firm water premium.
