March 10 Copper Market Afternoon Review

Today's Shanghai electrolytic copper spot contract discount of 30 yuan / ton ~ discount 10 yuan / ton, flat water copper trading price 44000 yuan / ton ~ 44060 yuan / ton, premium copper trading price 44010 yuan / ton ~ 44070 yuan / ton
.
Copper continued to rise to 44,000 yuan / ton today's bottom after yesterday's sharp decline, rebounding 500 yuan / ton
from yesterday.
Today's next month price difference is around 190 yuan / ton, the market inquiry is positive, the morning market quotation flat water copper discount 20 yuan / ton, good copper quotation discount 10 yuan / ton nearby, good copper pressure price discount 20 yuan / ton to have traders deal, flat water copper pressure price discount 30 yuan / ton, the transaction is also acceptable, after the rebound of the plate, downstream buying is not as good as yesterday
.

In the second trading session, flat water copper has been difficult to find a discount of 30 yuan / ton of supply, the quotation gradually returned to a discount of about 20 yuan / ton, good copper maintained at a discount of 10 yuan / ton, the transaction strength is not as good as flat water copper, showing that traders are the main force
of today's receiving goods.
The wet copper subsidy was correspondingly narrowed to less than 100 yuan, and stabilized at about
80 yuan / ton of the discount.
Today's market holders are more willing to raise prices, traders maintain a high degree of activity, before delivery, holders under the influence of the next month price difference, try to raise the quotation, but the actual results are more difficult, the cautious demand and delivery state make today's market again show a state of supply and demand
.