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    Home > Chemicals Industry > New Chemical Materials > November 22 Shanghai copper brief commentary

    November 22 Shanghai copper brief commentary

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    Today's Shanghai copper peaked and fell, fell slightly during the day to stabilize, and closed the Shanghai copper main 2201 contract at 70180, up 650, or 0.
    93%.

    Shanghai copper

    The non-ferrous metal as a whole forms a resonance effect
    with the US index.
    Domestic spot copper premiums fell sharply, London copper delivery expectations were disappointed, the premium remained high, and low global copper inventories boosted market confidence
    .

    Fundamentally, copper maintains a weak supply and demand, and recently follows the black series and inventory, spot copper factors to form greater fluctuations, superimposed on the Chilean election is about to land, it is expected that Shanghai copper will maintain a high volatility market in the near future, pay attention to the effect of the 7-71,000 range, operationally, merchants are mainly wait-and-see, and the downstream just needs to take goods
    .

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