echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    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: 2022-12-22
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Today's Shanghai copper is running strongly, the main monthly 2107 contract opened at 73980 yuan / ton, the highest intraday 74350 yuan / ton, the lowest 73590 yuan / ton, the settlement 73990 yuan / ton, the close 74160 yuan / ton, up 420 yuan
    .
    The trading volume of the main 2107 contract of Shanghai copper decreased by 68,544 lots throughout the day 124527, and the position increased by 3,077 to 143265 lots
    .

    Shanghai copper

    During the Asian session, London copper fluctuated at a high level, and the latest quotation at 15:01 Beijing time was 10319.
    5 US dollars / ton, up 45 US dollars, or 0.
    44%.

    In terms of the market, today's domestic spot copper prices rose slightly, 1# copper price was 73690 yuan / ton, up 90 yuan, discount 20-liter 40; Guangdong spot 1# copper price was 73570 yuan / ton, up 60 yuan; Yangtze River spot 1# copper 73750 yuan / ton, up 80 yuan, premium 50-liter 70; Shanghai spot 1# copper price was 73775 yuan / ton, up 175 yuan
    .

    In the spot market, the holders maintain a high price, the downstream just needs to purchase, and the overall transaction is general
    .
    BHP's strike at two copper mines in Chile has entered its fifth day and still shows no end in sight, and the epidemic in Southeast Asia may adversely affect recycled copper imports, and supply disruptions support prices
    .

    Chile's government statistics bureau (INE) showed that copper production in the world's largest copper producer fell 1.
    5% year-on-year to 467,594 tonnes in April.
    BHP Billiton's strike at two copper mines in Chile has been going on for five days, with potential supply threats continuing to provide support and spot copper prices expected to rise
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.