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    Home > Chemicals Industry > New Chemical Materials > Shanghai copper fell into volatility again at a high level Need to pay attention to the pressure above

    Shanghai copper fell into volatility again at a high level Need to pay attention to the pressure above

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    Today's Shanghai copper is running strongly, the main monthly 2212 contract opened at 66200 yuan / ton, the highest intraday 67230 yuan / ton, the lowest 66130 yuan / ton, settled 66190 yuan / ton, closed 66750 yuan / ton, up 560 yuan, or 0.
    85%.

    The trading volume of the main 2212 contract of Shanghai copper increased by 14153 lots 147374 the whole day, and the position volume 199754 decreased by 4626 lots
    .

    Shanghai copper

    During the Asian session, London copper rebounded low, and the latest quotation at 15:01 Beijing time was 8125 US dollars / ton, up 44 US dollars, or 0.
    54%.

    In terms of the market, today's domestic spot copper prices rose, Yangtze River spot 1# copper 67420 yuan / ton, up 580 yuan, premium 40-liter 80; The Yangtze River Comprehensive 1# copper price was reported at 67430 yuan / ton, up 560 yuan, and the premium was 10-130; Guangdong spot 1# copper price was 67430 yuan / ton, up 530 yuan, discount 30-liter 170; Shanghai spot 1# copper price was 67350 yuan / ton, up 550 yuan
    .

    In the spot market, the replenishment of imported sources is limited, the holders are slightly reluctant to sell but still adjust the price of shipments, the downstream procurement demand performance is average, the receiver is low price and a small amount of stocking, and the overall transaction performance is not bright enough
    .
    The macro atmosphere is generally warm, the production of major copper ore producing countries is limited, coupled with the recent convergence of positive factors, copper is running strongly, but the US CPI data is coming, the market is uncertain, and it is necessary to pay attention to the upward pressure
    .

    At present, the world's major copper mine production is facing disruption, supply shortage concerns have risen sharply, coupled with Chile's largest copper miner's long single premium increased by 33.
    3%, strongly supporting copper prices, internal and external inventory decline to support copper prices, but downstream transactions are general, spot discounts have been lowered, demand performance is unsatisfactory, greatly will limit the rise of copper prices, so copper prices at a high level again into shock, copper or small rise
    .

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