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Color: copper production increase in August 18, copper or small now

by:Deyuan      2020-12-23
Yangtze river copper key to: oil prices slump dragged down commodities, London copper fell $39, electrolytic copper production rose in August in China, but consumption has signs to provide support, at the bottom of the copper is expected today is small.

【 Copper futures market. Saudi Arabia's energy minister said this month will continue to provide customers all the oil supply, oil prices tumbled, fell nearly 8%, cloth the oil pan drag on commodity markets, London copper continue downward, the latest closing price is $5816 / ton, down $39, or 0. 67%, reducing 2763, volume 14850 holdings 284764 hand cut 792 hands. Night Shanghai copper low, main 1911 contract latest closing price 47240 yuan/ton, down 140 yuan, or 0. 30%.

the Yangtze copper net news: National Bureau of Statistics data show that China's electrolytic copper production in August, 800000 tons, year-on-year growth of 8. 1%; Copper production in August 169. 80000 tons, the year-on-year increase in 5. 2%. Copper production increases may be due to the power grid construction material increase. At present, & other; Golden nine silver ten & throughout; Expectations are optimistic, in September, wire and cable consumption continues to rebound, provide support at the bottom of the copper, is expected to today's spot prices dipped. The Yangtze river metal extraction solution network WWW. 。 Cn tel: 0592 - 5668838
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