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    Home > Chemicals Industry > New Chemical Materials > Shanghai copper high open operation short-term continuation of strong operation

    Shanghai copper high open operation short-term continuation of strong operation

    • Last Update: 2022-12-25
    • Source: Internet
    • Author: User
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    Today's Shanghai copper opened high, the main month 2209 contract opened at 60880 yuan / ton, the highest intraday 61700 yuan / ton, the lowest 60680 yuan / ton, the settlement 60570 yuan / ton, the close 61220 yuan / ton, up 650 yuan, an increase of 1.
    07%.

    The trading volume of the main 2209 contract of Shanghai copper decreased by 25591 lots to 134470 contracts throughout the day, and the position volume of 160967 lots decreased by 1351 lots
    .

    Shanghai copper

    During the Asian session, the V-shaped shock trend of London copper, the latest quotation at 15:01 Beijing time was 7949 US dollars / ton, a slight increase of 2 US dollars, or 0.
    03%.

    In the spot market, holders have sold goods for cash sharply, but buying interest is still weak, receiver receiving sentiment is poor, and the overall actual transaction continues to deteriorate
    .
    Macro sentiment remained warm, while the results of domestic property market policies gradually appeared, the marginal recovery of the real estate market, and the optimistic outlook for metal demand under the accelerated development of infrastructure investment and new energy fields, coupled with low inventories to provide support for copper prices, short-term copper prices continued to run
    strongly.

    Today's domestic spot copper prices continued to rise, Yangtze River spot 1# copper 61700 yuan / ton, up 200 yuan, premium 300-liter 340; The Yangtze River comprehensive 1# copper price was reported at 61770 yuan / ton, up 230 yuan, and the premium was 330-450; Guangdong spot 1# copper price was 61830 yuan / ton, up 250 yuan, premium 350-550; Shanghai spot 1# copper price was 61630 yuan / ton, up 210 yuan
    .

    In terms of news, China's industrial metal imports climbed, from January to July China's copper imports were 3.
    41 million tons, a year-on-year increase of 5.
    8%, while customs statistics show that the import of forged copper and products at the end of July increased to 463693 tons, an increase of 9.
    3% year-on-year, superimposed on the decline in internal and external inventories, the outlook for domestic infrastructure acceleration metal demand is optimistic, in the short term, copper prices continue to fluctuate upward after consolidation at the 60,000 mark, and copper is expected to rise
    .

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