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    Home > Chemicals Industry > New Chemical Materials > March 14 Copper Market Morning Review

    March 14 Copper Market Morning Review

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    Copper market morning comment: last week, London copper rushed back down, Shanghai copper main contract closed lower
    .
    Market sentiment dominates
    .
    The contradiction between Russia and Ukraine affected market sentiment, demand has partially improved, copper prices remain volatile in the short term, cautious participation
    .

    Copper City

    At the macro level, geopolitical events in Russia and Ukraine have been repeated; The US non-farm payrolls data exceeded expectations, and the dollar index continued to rise; Energy prices such as crude oil rose sharply, and inflation expectations increased; Domestic economic data is weaker than expected, and easing still requires further action by the state
    .

    On the supply side, the recovery of TC slowed down, and refined copper production increased
    year-on-year.
    On the demand side, the country began to go to the warehouse, and the premium is relatively strong, but the epidemic may affect demand
    .
    Overseas inventories rebounded
    slightly.

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