echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > March 25 copper market morning review

    March 25 copper market morning review

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Copper market morning comment: London copper fell sharply yesterday, and the main contract of Shanghai copper closed lower
    overnight.
    The contradiction between Russia and Ukraine has affected market sentiment, demand has partially improved, copper prices maintain a strong trend in the short term, cautious participation
    .

    Copper City

    At the macro level, geopolitical events in Russia and Ukraine have been repeated; The high-frequency data of the domestic economy is weaker than expected, and further action by the state is still needed for easing; The Fed's rate hike boots landed, in line with expectations, and the dollar retreated
    .

    On the supply side, TC picked up, but there was interference in short-term mines; Refined copper production increased
    year-on-year.
    On the demand side, the domestic has been destocked sharply, and the premium is relatively strong, but the epidemic may affect demand
    .
    Overseas inventories rebounded
    slightly.

    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.

    Contact Us

    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.