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Color: copper scrap supply contract support 28 copper or edged up now

by:Deyuan      2020-12-25
Yangtze river copper key to: high oil prices driving commodities, every Zhou Lun copper closed up $24, sino-us trade situation optimistic news, plus the copper scrap supply contraction expected to prop up prices, is expected today copper edged up now.

【 Copper futures market. By falling inventories and production is expected to boost, continued high oil prices driving the commodity market, every Zhou Lun copper concussion higher, with the latest closing price is $5908 / ton, up $24, or 0. 40%, volume 12877 hand cut 1407 hand, holdings of 287873 an increase of 184 hands. On Friday night in Shanghai strong shocks, main 1912 contract latest closing price 47460 yuan/ton, up 100 yuan, or 0. 21%.

the Yangtze copper net news: sino-us trade situation optimistic news recently confirmed that some of the technical consultation was basically completed, the text will continue to negotiate; The amount of Chinese imports of copper scrap metal temporarily did not appear obvious shortage, but the downstream enterprises is expected in the fourth quarter of the waste scrap import approval significantly reduced, supply contraction expected to prop up prices, is expected to spot copper prices edged up today. The Yangtze river metal extraction solution network WWW. 。 Cn tel: 0592 - 5668838
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