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Shanghai copper once rushed up, and favorable policies helped market confidence to rise
Time of Update: 2023-02-01
Overall, the current peripheral sentiment is warm and domestic policies are favorable to push up market optimistic expectations, and the recent strong expectations speculation overshadows the weak reality, coupled with the dollar continues to hover around the seven-month low, positive for risk asset prices, most metals trend is boosted, Shanghai copper rose to a nearly seven-month high, five consecutive days of copper prices rise beautifully.
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Inventories are still on the low side, and there is still support at the bottom of copper prices
Time of Update: 2022-12-26
Coupled with the disruption of overseas mines, the premium soared, the domestic policy margin was good, and short-term positive news gathered, and Shanghai copper closed strongly higher, refreshing a more than four-month high.
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The strong operation of Shanghai copper was supported by lower inventories
Time of Update: 2022-12-25
8% in April to 420,000 tons, the overall inventory is low, and the domestic intensive implementation of easing policies, of which automobile consumption is highlighted, a new round of new energy vehicles to the countryside activities may boost market consumer sentiment, copper or rise.
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Demand has not improved significantly, and Shanghai copper is still fluctuating at a low level
Time of Update: 2022-12-25
Shanghai copperOn the macro front, in order to curb inflation, the ECB raised interest rates by 50 basis points for the first time in eleven years, exceeding market expectations, and the euro strengthened.
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February 14 London Copper afternoon review
Time of Update: 2022-12-24
London copperThe Fed's expectation of a rate hike pushed the dollar to jump to an eight-week high, and the next week London copper was weak and volatile, the latest closing quotation of $9830 / ton, closed down $352, down 3.
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Shanghai copper fell slightly The pattern of weak market supply and demand is obvious
Time of Update: 2022-12-24
Shanghai copperOn the macro level, yesterday's Russian Foreign Ministry issued a statement saying that in response to the US government's sanctions imposed on 328 deputies of the State Duma of the Russian Federation Parliament on March 24 this year, Russia decided to impose "mirror" sanctions on 398 members of the US House of Representatives, which also shows that the situation between Russia and Ukraine is obviously still a long way from being properly resolved.
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Market trading is relatively light Shanghai copper may maintain a volatile pattern
Time of Update: 2022-12-22
Shanghai copperOn the macro front, global central banks will continue to maintain their current ultra-loose monetary and fiscal policies in the short term, and although the dollar has been strong after this interest rate meeting, it is largely an overdraft of future economic growth.
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February 2 Shanghai copper brief commentary
Time of Update: 2022-12-21
The US dollar index bottomed out and rebounded during the day, Shanghai copper accelerated its decline in the afternoon, market worries spread in the off-season, Shanghai copper has insufficient momentum, and it is expected to be weak and stable at night, paying attention to the 57,000 support.
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The main force of Shanghai copper continues to fall under pressure, and it is expected that the short-term weak adjustment is expected
Time of Update: 2022-12-21
On Thursday, the main 2105 contract of Shanghai copper continued to fall under pressure, with the highest 65890 yuan / ton and the lowest 65030 yuan / ton during the day, and the closing price of 65090 yuan / ton, down 0.
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February 5 London Copper Afternoon Review
Time of Update: 2022-12-21
London copperThe dollar index rose to a two-month high, and copper fluctuated weaker overnight, with the latest closing quotation of $7815 / ton, down $33, or 0.
The dollar index rose to a two-month high, and copper fluctuated weaker overnight, with the latest closing quotation of $7815 / ton, down $33, or 0.
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Shanghai copper continues to decline and the market transaction is average
Time of Update: 2022-12-21
Shanghai copperDuring the Asian session, the trend of London copper was weak, and the latest quotation at 15:01 Beijing time was 8815 US dollars / ton, down 114 US dollars, or 1.
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November 24 Shanghai copper brief commentary
Time of Update: 2022-12-20
Shanghai copperMacro positive concentrated cashing, boosting market sentiment, the dollar index weakened, copper prices broke through the previous high strongly.
Shanghai copperMacro positive concentrated cashing, boosting market sentiment, the dollar index weakened, copper prices broke through the previous high strongly.
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November 24 Shanghai copper brief commentary
Time of Update: 2022-12-20
Shanghai copperMacro positive concentrated cashing, boosting market sentiment, the dollar index weakened, copper prices broke through the previous high strongly.
Shanghai copperMacro positive concentrated cashing, boosting market sentiment, the dollar index weakened, copper prices broke through the previous high strongly.
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Shanghai copper shock weakened downstream consumption is still weak
Time of Update: 2022-12-19
The dollar index will continue to come under pressure, providing support to non-ferrous metal prices.
The dollar index will continue to come under pressure, providing support to non-ferrous metal prices.
The dollar index will continue to come under pressure, providing support to non-ferrous metal prices.
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August 7 copper market morning review
Time of Update: 2022-12-19
In the spot market, in the Shanghai area, wet copper is reported to be few, and the source of low-priced goods is difficult to find, and the discount continues to narrow to a discount of 40-20 yuan / ton.