Shanghai copper opens high and goes high, and the market is mainly wait-and-see

During the Asian session, London copper opened low and went high, and the latest quotation at 15:10 Beijing time was 7991 US dollars / ton, up 52 US dollars, or 0.
65%.

In terms of the market, today's domestic spot copper prices rose, Yangtze River nonferrous metal network 1# copper price was reported at 59090 yuan / ton, up 1050 yuan, discount 100-discount 50; Guangdong spot 1# copper price was 59160 yuan / ton, up 990 yuan; Yangtze River spot 1# copper price 59150 yuan / ton, up 1040 yuan, discount 40-discount 20; Shanghai spot 1# copper price was 59,065 yuan / ton, up 990 yuan
.

In the spot market, the quotations of holders are relatively positive, few receivers are few, the market is mainly wait-and-see, and the transaction is weak
.
The Federal Reserve reiterated its easing expectations for next year, the US stimulus deal is expected to be reached, China's final consumption has accelerated its recovery, and copper prices have continued to climb
.

In terms of news, global copper stocks have continued to decline, LME copper stocks have fallen to the lowest since September, the last copper stocks are the lowest since 2014, and COMEX copper stocks have fallen to the lowest level since June; China's automotive industry is accelerating its recovery, and the passenger association expects auto retail sales to increase by 7.
9% year-on-year in December, and the overall trend is clear, and copper materials are now rising
.