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Color: demand is difficult to have obvious change 12 is copper or dipped

by:Deyuan      2020-12-25
Yangtze river copper key: China to hit the market sentiment, the poor economic data London copper fell $43, still smaller domestic automobile production volume have rallied in October, demand is difficult to have obvious change, now is now small copper fell.

【 Copper futures market. Influenced by weak internal and external demand, China's falling by 1 October PPI. Price drop to expand 0 6%, with production data. 6%, poor data hit sentiment, London copper continued weakness, latest closing price is $5880 / ton, down $43, or 0. 73%, reducing 3431, volume 9928 holdings 289325 hand cut 4496 hands. Shanghai copper high rushed back in the evening, first month latest closing price quote 1912 contracts in 47140 yuan/ton, down 120 yuan, or 0. 25%.

the Yangtze copper net news: RGL association, according to data from October, China's auto production yoy, year-on-year drop from the previous month and narrowed somewhat, but still have rallied, new energy vehicles for four months of year-on-year declines. Although mine side supply risk has not been eliminated, scrap supply will remain tight, but more refined copper output is enough, and the downstream demand is difficult to have a significant change, now is the spot statistics dipped. The Yangtze river metal extraction solution network WWW. 。 Cn tel: 0592 - 5668838
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