echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Shanghai copper weak operation The overall trading performance atmosphere is average

    Shanghai copper weak operation The overall trading performance atmosphere is average

    • Last Update: 2022-12-22
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Today's Shanghai copper weak operation, the main month 2109 contract opened at 68320 yuan / ton, the highest intraday 68500 yuan / ton, the lowest 66710 yuan / ton, settlement 68910 yuan / ton, closed 66790 yuan / ton, down 2120 yuan
    .
    The trading volume of the main 2109 contract of Shanghai copper increased by 35970 lots 157665 the whole day, and the position volume 108568 decreased by 4651 lots
    .

    Shanghai copper

    During the Asian session, London copper fluctuated downward, and the latest quotation at 15:01 Beijing time was 8927 US dollars / ton, down 129 US dollars, or 1.
    42%.

    In terms of the market, the domestic spot copper price fell sharply today, 1# copper price was 67950 yuan / ton, down 1250 yuan, premium 350-liter 410; Guangdong spot 1# copper price was 67720 yuan / ton, down 1270 yuan; Yangtze River spot 1# copper 67930 yuan / ton, down 1280 yuan, premium 350-liter 370; Shanghai spot 1# copper price was 67720 yuan / ton, down 1480 yuan
    .

    In the spot market, the shipholders are more active, the downstream is on the sidelines, the receiver purchases on demand, and the overall transaction performance atmosphere is average
    .
    South American copper mine supply disturbance factors subsided, copper mine supply pressure temporarily eased, domestic refinery maintenance basically ended, refining and processing fees rebounded, the future market supply may gradually be more abundant, which will affect
    the trend of copper prices.

    Industry news, the market news of Chile's Escondida copper miners' victory, it is reported that BHP Billiton's massive Escondida copper mine has reached a historic welfare package, improving the ability of a new round of difficult negotiations and strikes at mines across the country
    .
    In addition, residents of the Las Bambas copper mine near the Peruvian mine received President Pedro.
    Castillo's socialist government proposed the removal of barricades
    on a metal transport road.

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.