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    Home > Chemicals Industry > New Chemical Materials > Shanghai copper shock is strong, downstream consumption does not have much conspicuous performance

    Shanghai copper shock is strong, downstream consumption does not have much conspicuous performance

    • Last Update: 2022-12-22
    • Source: Internet
    • Author: User
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    Today's Shanghai copper volatility is strong, the main month 2108 contract opened at 67880 yuan / ton, the highest intraday 68690 yuan / ton, the lowest 67810 yuan / ton, settled 67910 yuan / ton, closed 68020 yuan / ton, up 110 yuan
    .
    The main 2108 contract of Shanghai copper had a full-day trading volume of 80128 lots, a decrease of 31155 lots, and a decrease of 6185 lots to 96552 lots
    .

    Shanghai copper

    During the Asian session, London copper fluctuated downward, and the latest quotation at 15:01 Beijing time was 9286 US dollars / ton, down 57 US dollars, or 0.
    61%.

    In terms of the market, today's domestic spot copper prices rose, Yangtze River non-ferrous metal network 1# copper price was reported at 68650 yuan / ton, up 300 yuan, premium 380-liter 440; Guangdong spot 1# copper price reported 68320 yuan / ton, up 290 yuan; Yangtze River spot 1# copper 68710 yuan / ton, up 300 yuan, premium 440-liter 460; Shanghai spot 1# copper price was 68600 yuan / ton, up 260 yuan
    .

    In the spot market, downstream consumption does not have much conspicuous performance, the receiving party is stable and just needs to pick less, and the overall production is more and less
    .
    Henan's heavy rain has restricted the shipment of copper plates, as well as the tightening of domestic scrap copper supply, lithium battery copper foil is in short supply, and the consumer side is still resilient
    .

    Industry news, customs data show that China's imports of copper ore and its concentrate in June were 1,671,303.
    07 tons, down 14.
    07% month-on-month and up 4.
    98%
    year-on-year.
    Among them, Chilean supply fell by more than 30%; Peru and Mongolia increased supplies
    .
    According to foreign news on July 21, data released by the Kazakhstan Statistics Bureau on Wednesday showed that from January to June this year, the country's refined copper production fell by 1.
    1%
    compared with the same period last year.

    The epidemic has led to the blockage of global copper mine supply, the acceleration of domestic copper enterprise expansion, the supply of lithium battery copper foil market is in short supply, enterprises are basically in a state of full production, the head enterprises are full of orders during the year, the supply driven by the substantial growth of demand is tight, and copper prices are rising
    .

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