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    Home > Chemicals Industry > New Chemical Materials > Shanghai copper trend is strong, the overall trading atmosphere of the market is light

    Shanghai copper trend is strong, the overall trading atmosphere of the market is light

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    Today's Shanghai copper trend is strong, the main month 2203 contract opened at 69570 yuan / ton, the highest intraday 70780 yuan / ton, the lowest 69360 yuan / ton, settlement 69820 yuan / ton, closed 70730 yuan / ton, up 910 yuan, up 1.
    30%.

    The trading volume of the main 2203 contract of Shanghai copper decreased by 21189 lots to 95307 lots throughout the day, and the position volume 138315 lot decreased by 1055 lots
    .

    Shanghai copper

    During the Asian session, London copper rebounded, and the latest quotation at 15:01 Beijing time was 9859 US dollars / ton, up 13 US dollars, or 0.
    13%.

    In terms of the market, today's domestic spot copper prices rose slightly, Yangtze River nonferrous metal network 1# copper price was reported at 70360 yuan / ton, up 270 yuan, premium 140-liter 200; Guangdong spot 1# copper price reported 70200 yuan / ton, up 300 yuan / ton; Yangtze River spot 1# copper 70370 yuan / ton, up 260 yuan, premium 160-liter 200; Shanghai spot 1# copper price was reported at 70260 yuan / ton, up 215 yuan
    .

    In the spot market, the holders lowered their quotations, the receivers just needed to purchase a small amount, and the overall trading atmosphere and trading volume were light
    .
    Most downstream enterprises have stopped work and holiday, and the seasonal weakening of consumption remains unchanged, but the overall level of global inventories is still at a low level, coupled with the domestic double reduction policy to boost copper prices, Shanghai copper trend is strong
    .

    Due to the slow recovery of the world economy after the epidemic, the increase in global investment in the green energy sector has promoted copper demand, and the continued decline in global inventories has also provided strong support for copper prices, and the domestic double reduction policy has boosted copper prices, and copper is expected to rise
    .

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