Shanghai copper rushed back down and the overall trading of the market was average

During the Asian session, London copper opened high and low, and the latest quotation at 15:01 Beijing time was 8992 US dollars / ton, down 48 US dollars, or 0.
53%.

In terms of the market, today's domestic spot copper prices fell, Yangtze River nonferrous metal network 1# copper price was reported at 66910 yuan / ton, down 170 yuan, discount 60-discount 0; Guangdong spot 1# copper price was 66960 yuan / ton, down 190 yuan; Yangtze River spot 1# copper 67020 yuan / ton, down 170 yuan, premium 50-liter 70; Shanghai spot 1# copper price was 66900 yuan / ton, down 230 yuan
.

In the spot market, the circulation of goods is limited, the low price is smooth, the downstream demand is weak, and the overall transaction is general
.
Copper concentrate processing and refining fees continued to decline, and copper mine supply in South America was disrupted again, but the peak consumption season has not yet been verified, and copper prices have fluctuated
.

On the news front, Chile escalated lockdown measures and last week's border closure sparked supply concerns, despite the authorities' announcement that such measures should not interfere with mining operations
.
Satellite testing data showed that global copper smelting fell to the lowest level in at least five years in March, and China's smelting activity failed to recover due to supply shortages, but the current domestic destocking inflection point has not yet appeared, and spot copper prices are expected to rise or fall little
.