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Color: macro bearish now dominate the market 8 copper or slightly lower

by:Deyuan      2020-12-23
Yangtze river copper key to: Chilean copper production decrease caused by protests, London copper rose $27, domestic copper smelting production continued to tighten, but macro bearish market dominance, now is now copper fell slightly.

【 Copper futures market. Chile's state copper company ( Codelco) And BHP billiton's Escondida copper mine, and as a result of the protests has decreased, London copper strong shocks, the latest closing price is $6170 / ton, up $27, or 0. 44%, reducing 2112, volume 12531 holdings 321080 hand cut 983 hands. Night Shanghai copper low open low, the main body in 2002 which was the latest quoted price 48770 yuan/ton, down 110 yuan, or 0. 23%.

the Yangtze copper net news: the copper scrap consumption fell in November, copper smelting production continued to tighten, supply side still on prices are supported, but the world copper team is expected to improve the supply of copper concentrate in 2020, slightly improve the refined copper consumption, the current macro bearish market dominance, copper or still have adjust space, is expected to today's spot prices fell slightly. The Yangtze river metal extraction solution network WWW. 。 Cn tel: 0592 - 5668838
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