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    Home > Chemicals Industry > New Chemical Materials > Shanghai copper afternoon review on March 29

    Shanghai copper afternoon review on March 29

    • Last Update: 2022-12-15
    • Source: Internet
    • Author: User
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    Overnight, the main 1905 contract of Shanghai copper opened high at 48540 yuan / ton, after the opening copper price performance under pressure daily moving average to do a narrow range of shock, during the period to test down 48430 yuan / ton, but then due to the impact of the external market, short positions, copper price center of gravity slightly rose above the daily moving average, intraday short-term touch high 48620 yuan / ton, the shock center basically maintained stability at 48520 yuan / ton line, closed at 48520 yuan / ton
    .

    Shanghai copper

    Spot Since today is the last day of the next month's ticket transaction, in order to avoid differences in settlement, the willingness of holders to ship is weak, and the market has risen, and the willingness to receive goods downstream is not strong, the market performance is light, and there will be no market
    .
    It is expected that today's Shanghai copper 48300-48700 yuan / ton, spot premium 1100-1250 yuan / ton
    .

    Senior Peruvian government officials on Wednesday in hopes of a peaceful resolution of disputes over indigenous communities blocking traffic at copper mines, but the protests show no signs of abating, and days of strife have led to the suspension of shipments from Las Bambas, Peru's largest copper mine, and Minmetals Resources has warned that force majeure may be declared in the contract, copper prices are temporarily supported, and spot copper prices are expected to rise
    slightly today.

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