Shanghai copper trend is strong, the apparent demand of the market gradually stabilized

During the Asian session, London copper fluctuated at a low level, and the latest quotation at 15:00 Beijing time was 7055.
5 US dollars / ton, down 13.
5 US dollars, or 0.
19%.

In terms of the market, today's domestic spot copper prices rose, Yangtze River nonferrous metal network 1# copper price was reported at 52890 yuan / ton, up 200 yuan, 170-230 liters; Guangdong spot 1# copper price reported 52760 yuan / ton, up 180 yuan; Yangtze River spot 1# copper price 52970 yuan / ton, up 230 yuan, premium 260-liter 280; Shanghai spot 1# copper price was 52870 yuan / ton, up 160 yuan
.

In the spot market, traders actively ship, receivers receive goods at a low price, and downstream bargains buy, and the transaction is better
.
The China Nonferrous Metals Industry Association said that the non-ferrous metals industry is showing a good table, the apparent demand in the market has gradually stabilized, the positive factors have increased significantly, and the fundamentals support the center of gravity of copper prices to move
up.

There are still some disturbances in Chilean copper mines, and Lundin Mining's Candelaria copper mine continues to strike; Copper concentrate processing fees have been at a low level for a long time, China's economy continues to recover, terminal markets such as automobiles, air conditioners, and real estate have performed well, infrastructure and power investment are expected to rush work at the end of the year, and spot copper prices are expected to rise
slightly today.