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Color: economic slowdown worries continued fermentation 9, is copper or continue to fall

by:Deyuan      2020-12-25
Yangtze river copper key to: Europe and the United States stock market down and put pressure on the dollar, London copper fell $24, the copper market fundamentals support, but the worries of the global economic slowdown continued fermentation, expect now copper continued to fall.

【 Copper futures market. Uncertainty of trade negotiations and the UK to take off the drag on the U. S. and European stocks fell, and the dollar has also put pressure on prices, London copper high fall, latest closing price is $5684 / ton, down $24, or 0. 42%, volume 17017, an increase of 7340 hands, holdings of 158359 an increase of 2127 hands. Night Shanghai copper continued weakness, main 1911 contract latest closing price 46610 yuan/ton, down 270 yuan, or 0. 58%.

the Yangtze copper net news: the copper market fundamentals remain support at present, the global copper inventories remain low, domestic scrap supply tightening, is expected to steady against the background of construction, in the fourth quarter of the grid investment will rebound, negative mainly comes from the consumer end without a large window, and concerns about the global economic slowdown continued fermentation, is expected to today's spot prices continue to fall. The Yangtze river metal extraction solution network WWW. 。 Cn tel: 0592 - 5668838
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