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    Home > Chemicals Industry > New Chemical Materials > September 21 London Copper afternoon review

    September 21 London Copper afternoon review

    • Last Update: 2022-12-12
    • Source: Internet
    • Author: User
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    Yesterday, the US index closed at 93.
    884, boosted by the US index, London copper still stood above the 40-day moving average yesterday, opening at 6094.
    5 US dollars / ton, the highest rose to 6124 US dollars / ton, closed at 6115 US dollars / ton, up 28 US dollars / ton from the previous day, or 0.

    London copper

    Fundamentals, a report released by the World Bureau of Metal Statistics (WBMS) showed that the global copper market was oversupplied by 17,100 tons from January to July 2018
    The surplus in July was significantly lower
    than the May figure.
    Global miner BHP Billiton said Thursday that it had partially closed
    its Spence copper mine in Chile after a fire.
    The mine produced 198,600 tonnes
    of copper in 2017.

    Trade dispute worries were released, currency risk aversion cooled, the dollar fell to 93.
    8, and London copper jumped higher
    Graphically, copper prices are running near the upper Bollinger band, and there are signs of stepping back after a rapid rebound, but the overall short-term strong pattern has not changed, and London copper is stronger than Shanghai copper

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