Shanghai copper opens low and goes low The overall transaction of the market is average

During the Asian session, London copper fluctuated trend, the latest quotation at 15:01 Beijing time was 9436 US dollars / ton, up 2 US dollars, or 0.
02%.

In terms of the market, today's domestic spot copper prices fell, Yangtze River non-ferrous metal network 1# copper price was reported at 68310 yuan / ton, down 410 yuan, premium 110-liter 170; Guangdong spot 1# copper price was 68050 yuan / ton, down 500 yuan; Yangtze River spot 1# copper 68340 yuan / ton, down 480 yuan, premium 140-liter 160; Shanghai spot 1# copper price was 68300 yuan / ton, down 560 yuan
.

In the spot market, traders actively ship and realize, downstream consumption still maintains just need to purchase, trading deadlock, and the overall transaction is average
.
The number of domestic reserves dumped was less than expected, coupled with the recovery of refinery processing fees, and the tight situation of copper concentrate continued to ease; The CSPT group held a quarterly meeting of the group in Tongling on June 25 and finalized the copper concentrate spot purchase guidance processing fee of US$55/ton and 5.
5 cents/pound for the third quarter, while the second quarter meeting did not set a procurement guidance processing fee and the first quarter procurement guidance processing fee was 53 USD/t and 5.
3 cents/lb
.

The domestic import window opened during the week, but the demand for imported copper was still not high; The supply of copper concentrate is sufficient, refiners raise processing fees, downstream consumption rebounds after prices stabilize, and the willingness to receive goods and replenish storage has increased significantly; Therefore, the market is cautious about the impact of selling reserves, and copper prices are expected to fall
slightly.