-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
- Cosmetic Ingredient
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
The trend of non-ferrous metals basically followed the change in the sentiment of the futures market, and once fell sharply in the afternoon, and warmed slightly at the end of the day, of which Shanghai copper fell by 1.
92%, and the center of gravity continued to shift
.
Combined with the overall trend of commodities and US stocks, copper may have begun to enter a correction cycle
.
The US core CPI rose 3% year-on-year in April, beating market expectations of 2.
3%, reflecting that the rise in upstream commodity prices has begun to gradually be transmitted downstream, and the transmission force and speed are greater than expected
.
This has led some bearish investors to worry again that inflation will affect the Fed's monetary policy
.
It is worth noting that the dollar index has gradually strengthened in recent days, which is one of
the reasons for the weakening of commodities as a whole.
From the perspective of supply and demand, the supply of intelligent copper ore may fluctuate in the next month, and the reason behind it is that there are certain problems in the supply of sulfuric acid, an auxiliary raw material for copper mining, which may affect 12% of copper mine production in the future, but the impact is not yet certain
.
According to the analysis of the Transportation Association, the wholesale sales of new energy passenger vehicles reached 184,000 units in April, a year-on-year increase of 214%.
Strategically, copper prices may continue to weaken in the short term, but the logic of long trading in the medium and long term still holds
.
