Shanghai copper trend volatility The overall trading volume of the market was flat

During the Asian session, the trend of London copper fluctuated, and the latest quotation at 15:01 Beijing time was 9984 US dollars / ton, up 89 US dollars, or 0.
9%.

In terms of the market, today's domestic spot copper prices fell, Yangtze River non-ferrous metal network 1# copper price was reported at 70820 yuan / ton, down 530 yuan, premium 190-liter 210; Guangdong spot 1# copper price reported 70620 yuan / ton, down 540 yuan; Yangtze River spot 1# copper 70820 yuan / ton, down 530 yuan, premium 190-liter 210; Shanghai spot 1# copper price was 70760 yuan / ton, down 520 yuan
.

Before the spot market holiday, merchants actively stocked goods, holders wanted to raise prices, and traders chose to stay on the sidelines, and the overall transaction was flat
.
The US dollar index still fluctuates around 90, the domestic storage boots landed, and the reserve inventory will be directly put into the terminal, which is expected to slow down the pace
of destocking the subsequent social treasury.
Affected by the dumping of reserves, copper prices are under pressure, and copper fundamental support continues to weaken.

In terms of news, China's strengthening of commodity market supervision concerns to curb its unreasonable price rise, the State Reserve Bureau determined to sell reserves, the target is downstream terminal enterprises, the planned sale of reserve copper will continue until the end of the year, spot copper prices are expected to fall
.