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Color: macro risk aversion dominated 04, copper or down now

by:Deyuan      2020-12-23
Yangtze river copper key to: global trade situation in the regeneration of change, London copper confined fell $43, basic to good support for the price is relatively limited, short-term macro risk aversion dominated the market, now is now copper retreated.

【 Copper futures market. Global trade situation in regenerative change, the United States tariff weapons at from South America to Europe and China, London copper continued weakness, latest closing price is $5815 / ton, down $43, or 0. 73%, volume 19082, an increase of 3920 hands, holdings of 291585 an increase of 2647 hands. Night Shanghai copper shakeouts, main 2001 contract latest closing price 46940 yuan/ton, down 160 yuan, or 0. 34%.

the Yangtze copper net news: the global copper has a certain production in mines, and next year's production project is not much, copper scrap imports shrinking inventories continued downward, supply-side tight situation continues, and the consumption is marginal improvement in expected, but the basic for a good support for the price is relatively limited, macro risk aversion dominated the market in the short term, 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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