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    Home > Chemicals Industry > New Chemical Materials > Shanghai copper runs at a high level The overall transaction of the market is average

    Shanghai copper runs at a high level The overall transaction of the market is average

    • Last Update: 2022-12-22
    • Source: Internet
    • Author: User
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    Today's Shanghai copper running high, the main monthly 2110 contract opened at 68550 yuan / ton, the highest intraday 68760 yuan / ton, the lowest 68210 yuan / ton, the settlement 67580 yuan / ton, the close 68560 yuan / ton, up 980 yuan
    .
    The trading volume of the main 2110 contract of Shanghai copper decreased by 13,316 lots 118099 lots throughout the day, and the position volume 125422 lots decreased by 3,779 lots
    .

    Shanghai copper

    During the Asian session, the trend of London copper fluctuated, and the latest quotation at 15:01 Beijing time was 9245 US dollars / ton, up 7 US dollars, or 0.
    08%.

    In terms of the market, today's domestic spot copper prices rose, Yangtze River nonferrous metal network 1# copper price was reported at 69100 yuan / ton, up 690 yuan, premium 250-liter 310; Guangdong spot 1# copper price was 69120 yuan / ton, up 810 yuan; Yangtze River spot 1# copper 69090 yuan / ton, up 710 yuan, premium 260-liter 280; Shanghai spot 1# copper price was 68960 yuan / ton, up 690 yuan
    .

    In the spot market, holders continue to hold prices, downstream fears to stop and watch, traders enter the market on the dip but it is difficult to suppress prices, trading is deadlocked, and the overall transaction is average
    .
    Domestic copper inventories continued to decline, scrap supply was tight, refined scrap price spread once inverted, refined copper smelters concentrated maintenance, copper prices continued to rebound
    .

    In terms of news, data from the General Administration of Customs of China showed that China's copper imports in July decreased by about 1% compared with the previous month, the data fell for four consecutive months, refined copper smelters were overhauled, Jinchuan headquarters, southwest copper, Yuguang gold lead (600531), Jinlong copper, etc.
    were still affected by the end of the maintenance, and the southwest region continued to be limited by electricity to affect the decline in output, and copper prices rose
    .

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