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Color: 21, copper prices fell less downstream pick up goods

by:Deyuan      2020-12-23
January 21, Shanghai copper movements: Shanghai copper vulnerable to run today, first month contracts open quotation price 49080 yuan/ton, 2003 high of 49080 yuan/ton, the lowest 48300 yuan/ton, settlement of 48630 yuan/ton, closed at 48420 yuan/ton, down 700 yuan, or 1. 43%. Shanghai copper main 2003 contract throughout the volume of an increase of 31082 hands, 97077 holdings from 10882 to 127620.

the Yangtze copper mesh copper price statistics: today, the domestic spot price of copper fell, the Yangtze river net 1 # copper metal extraction solution at 48550 yuan/ton, down 360 yuan, 40 - discount Premium 20; Guangdong spot 1 # copper prices at 48560 yuan/ton, down 360 yuan. The Yangtze river spot 1 # copper price 48590 yuan/ton, down 340 yuan, 10 - litres of water Premium 30; Shanghai spot 1 # copper prices at 48390 yuan/ton, down 460 yuan.

CCMN copper market analysis: the trading, copper weaker trend, Beijing time 15:00 latest offer $6174 / ton, down $89, or 4. 12%. The spot market, the shipper has no intention of preganglionic jilt goods, quote a few, rare downstream pick up goods. BMO is expected in 2020, copper market will appear in a decade's largest supply gap, because of the global industrial production recovery helped demand outside China; At present, the Chinese will have the Spring Festival holiday, falling demand, weak copper. The Yangtze river metal extraction solution network WWW. 。 Cn tel: 0592 - 5668838
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