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    Home > Chemicals Industry > New Chemical Materials > Shanghai copper is running strongly, and the overall transaction volume of the market is average

    Shanghai copper is running strongly, and the overall transaction volume of the market is average

    • Last Update: 2022-12-20
    • Source: Internet
    • Author: User
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    Today's Shanghai copper is running strongly, the main month 2011 contract opened at 51140 yuan / ton, the highest intraday 51800 yuan / ton, the lowest 51010 yuan / ton, settled 51480 yuan / ton, closed 51470 yuan / ton, up 230 yuan
    .
    The trading volume of the main 2011 contract of Shanghai copper increased by 3667 lots 123975 the whole day, and the position decreased by 2062 to 105515 lots
    .

    Shanghai copper

    During the Asian session, London copper fluctuated downward, and the latest quotation at 15:01 Beijing time was 6772 US dollars / ton, down 7 US dollars, or 0.
    10%.

    In terms of the market, today's domestic spot copper prices rose, Yangtze River non-ferrous metal network 1# copper price was 51790 yuan / ton, up 440 yuan, 160 liters of water 220; Guangdong spot 1# copper price was 51610 yuan / ton, up 380 yuan; Yangtze River spot 1# copper price 51870 yuan / ton, up 400 yuan, premium 250-liter 270; Shanghai spot 1# copper price was 51820 yuan / ton, up 455 yuan
    .

    In the spot market, traders mainly inquire, downstream replenishment efforts decay, long orders just need to be less harvested, and the overall transaction is general
    .
    The supply of the mine end may remain tight, and inventories are still at a low level, but the performance of the downstream terminal is weak, and the short-term copper price may remain volatile
    .

    Escondida mine managers assess that negotiations can continue to extend despite the fact that the strike could continue operations, with global inventories generally remaining low and spot copper prices expected to rise
    .

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