Shanghai copper is weak and the market trading performance is average

During the Asian session, London copper opened high and low, and the latest quotation at 15:01 Beijing time was 9927 US dollars / ton, down 23 US dollars, or 0.
23%.

Today's domestic spot copper prices fell, Yangtze River non-ferrous metal network 1# copper price was reported at 71290 yuan / ton, down 310 yuan, premium 70-liter 130; Guangdong spot 1# copper price was reported at 71200 yuan / ton, down 320 yuan; Yangtze River spot 1# copper 71370 yuan / ton, down 300 yuan, premium 160-liter 180; Shanghai spot 1# copper price was 71320 yuan / ton, down 210 yuan
.

In the spot market, holders continue to raise prices, downstream just need to consume, and the transaction performance is average
.
Concerns about tightening monetary policy in the United States remain, Chinese demand shows signs of weakness, there is a certain divergence in future copper mine supply, and copper prices remain volatile
in the short term.

In terms of news, data from the General Administration of Customs showed that high prices weakened purchases, and China's imports of unwrought copper and copper products fell 8% in May to 445,725 tons, falling for the second consecutive month, causing concerns about demand, but the current imports are still at a high level, with imports increasing by 8.
4% year-on-year to 2,366,275 tons in the first five months, and spot copper prices are expected to rise or fall little
.