Yangtze river copper key to: U. S. manufacturing contraction intensifies the global economic slowdown worries, London copper fell $7 to a more than two-year low, the current supply and demand, there is no obvious positive, macro bearish market dominance, now is now copper retreated.
Copper futures market.
In August the ISM manufacturing PMI below from the line, to the lowest level since January 2016, exacerbated worries about the global economic slowdown, London copper fell to a two-year low, latest closing price is $5610 / ton, down $7, or 0.
12%, volume 21997, an increase of 10808 hands, holdings of 291391 an increase of 6299 hands.
Night Shanghai copper low, main 1910 contract latest closing price 46200 yuan/ton, down 220 yuan, or 0.
the Yangtze copper net news: copper ore supply is still tight pattern, season demand is expected to rebound, but so far there is no obvious positive aspects of supply and demand, macro bearish market dominance, overall weak global manufacturing, international trade situation in the risks of uncertainty on copper prices, is expected to today's spot prices continue to fall.
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