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Color: lack of further support 30 copper or down now

by:Deyuan      2020-12-25
Yangtze river copper key to: the dollar index fell and oil prices even higher, every Zhou Lun copper closed up $23, the copper market lack the support of further positive domestic first slowing demand weakened upward momentum, now is now copper fell.

【 Copper futures market. Trade optimism cut safe-haven demand, the dollar index on Friday, as well as oil prices rise continuously boost the market, every Zhou Lun copper strong shocks, the latest closing price is $6227 / ton, up $23, or 0. 37%, volume 11189, an increase of 2445 hands, holdings of 317576 an increase of 2373 hands. On Friday night in Shanghai low open low, main month latest closing price quote 2002 contracts in 49380 yuan/ton, down 210 yuan, or 0. 62%.

the Yangtze copper net news: macro environment is still good, ore and scrap supply shortage is difficult to change, but the lack of short-term copper in industry further positive support; Current during the off-season, domestic slowdown in demand weakened upward momentum before the Spring Festival, the spot transaction turn pale, in addition whether state-owned smelter production still need to continue to focus on, is expected to today's spot prices fell. The Yangtze river metal extraction solution network WWW. 。 Cn tel: 0592 - 5668838
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