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    Home > Chemicals Industry > New Chemical Materials > Shanghai copper fluctuated to the upside, and the overall trading in the market was deadlocked

    Shanghai copper fluctuated to the upside, and the overall trading in the market was deadlocked

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    Today's Shanghai copper volatility upward, the main month 2106 contract opened at 69320 yuan / ton, the highest intraday 69740 yuan / ton, the lowest 68850 yuan / ton, settled 69330 yuan / ton, closed 69440 yuan / ton, up 240 yuan
    .
    The trading volume of the main 2106 contract of Shanghai copper decreased by 3035 lots throughout the day 162777 lots, and the position increased by 2245 to 177926 lots
    .

    Shanghai copper

    During the Asian session, London copper opened high, and the latest quotation at 15:01 Beijing time was 9475 US dollars / ton, up 80.
    5 US dollars, or 0.
    86%.

    In terms of the market, today's domestic spot copper prices rose, Yangtze River nonferrous metal network 1# copper price was reported at 69210 yuan / ton, up 420 yuan, discount 30-liter water 30; Guangdong spot 1# copper price was 69070 yuan / ton, up 390 yuan; Yangtze River spot 1# copper 69190 yuan / ton, up 390 yuan, discount 50-discount 30; Shanghai spot 1# copper price was 69110 yuan / ton, up 280 yuan
    .

    In the spot market, the enthusiasm for inquiry is general, downstream consumption is weak, and the overall trading is
    deadlocked.
    The United States and other countries raise emission reduction targets, green investment will benefit copper, concentrate processing fees continue to be low, but the current consumption has not seen significant improvement, short-term copper prices fluctuate
    .

    Yesterday's copper main contract rose slightly, up 0.
    3%, copper futures premium 310 yuan / ton
    .
    There has been a new wave of outbreaks in India, but with the expansion of vaccine production capacity and the spread of vaccination coverage, it is expected that the epidemic will be further controlled, and the macroeconomic situation will remain
    unchanged.
    At present, the United States is ahead of the European Union and other countries in epidemic control and vaccination speed, the US economy is expected to be strong, recovery confidence is enhanced, and the labor market may continue to improve, or will bring a certain boost
    to copper prices.

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