-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
- Cosmetic Ingredient
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
Overnight, the Shanghai copper 1701 contract opened at 45560 yuan / ton
.
At the beginning of the session, copper prices fluctuated in a narrow range around the daily moving average, and then the external market rose to drive Shanghai copper bulls to buy enthusiastically, and the bears also urgently closed their positions to hedge and hedge, Shanghai copper rose unilaterally to a high of 47500 yuan / ton, and stabilized with a slight pullback at the end of the session, closing at 47130 yuan / ton, up 1370 yuan / ton, the trading volume decreased by 27396 hands to 287686 lots, and the position decreased by 4250 hands to 217410 lots
。 Overnight Shanghai copper reappeared bullish carnival, is expected to hit the previous high, offshore RMB against the US dollar at 6:00 Beijing time to refresh the closing record low to 6.
954, the continued depreciation of RMB also provides support for copper prices upward, it is expected that today's Shanghai copper operating range of 46800~47500 yuan / ton
.
In terms of market: on November 23, Shanghai electrolytic copper spot traded at a discount of 100 yuan / ton - 60 yuan / ton for the contract of the month, and the trading price of flat water copper was 45500-45730 yuan / ton
.
The mentality of the Shanghai copper market has changed, the willingness of holders to raise prices has increased, coupled with speculators and downstream market operations, the copper discount has narrowed, the low-end supply has decreased, mainly domestic brands, wet brand intraday supply is limited, downstream in the copper price stabilized when the volume of goods increased, the transaction has improved compared with yesterday, although the copper market has a slight adjustment, but the market is mostly more views
on the trend of copper prices.
In terms of stocks: As of November 18, the previous Shanghai copper inventory reported 134538 tons, a sharp increase of 21,987 tons per week, a two-week increase, indicating that the short-term domestic inventory pressure has climbed
.
Overnight, the main force of Shanghai copper rose strongly to 47130 yuan / ton, effectively maintaining the rebound pattern, while London copper stocks continued to decline, indicating that foreign demand has improved
.
In terms of operation, it is recommended that the short-term operation ideas of the Shanghai copper 1701 contract are more, and it can be backed by 45500 yuan above the dip, and the entry reference is around 46500 yuan / ton, and the target is 48500 yuan / ton
.
