Shanghai copper trend is strong, the overall trading of the market is average

During the Asian session, London copper fluctuated strongly, and the latest quotation at 15:00 Beijing time was 7974.
5 US dollars / ton, up 29.
5 US dollars, or 0.
37%.

In terms of the market, today's domestic spot copper prices rose, Yangtze River nonferrous metal network 1# copper price was reported at 59030 yuan / ton, up 420 yuan, 100-160 liters; Guangdong spot 1# copper price was 59060 yuan / ton, up 440 yuan; Yangtze River spot 1# copper price 59170 yuan / ton, up 410 yuan, premium 250-liter 270; Shanghai spot 1# copper price was 59030 yuan / ton, up 355 yuan
.

In the spot market, the premium quotation continues, the transaction of low-priced sources is better, the downstream just needs to be purchased, and the overall transaction is general
.
China's economic data strongly boosted market confidence, exchange inventories were low overall, the global economy was expected to recover to support demand, and copper prices were supported
.

In terms of news, the tight supply pattern of copper concentrate has not changed, and the recovery of short-term production capacity is limited, but the construction of the Kamoa-Kakula copper mine in Congo has accelerated; At present, there is a willingness to stock up in the domestic downstream market at the end of the year, terminal consumption is good in the medium term, and spot copper prices are expected to rise
.