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Color: manufacturing boom back 1 is copper or fall

by:Deyuan      2020-12-25
Yangtze river copper key to: trade concerns rekindle, London copper confined fell $81, the China October continued contraction in manufacturing activity fell back, aggravate the concerns of the market demand for metal, now is now copper fell.

【 Copper futures market. After the fed hinted at a pause, due to the sluggish global manufacturing data, as well as for china-us trade situation renewed jitters, London copper pressure drop, the latest closing price is $5806 / ton, down $81, or 1. 38%, volume 20024, an increase of 7840 hands, holdings 285105 hand cut 5337 hands. Night Shanghai copper jump empty low open, first month latest closing price quote 1912 contracts in 46840 yuan/ton, down 530 yuan, or 1. 12%.

the Yangtze copper net news: China's manufacturing activity in October sixth consecutive month of shrinking, decline than expected, the manufacturing sector, market demand weakened, non-ferrous industry such as relevant price index is relatively low, exacerbated the market demand for electric power, construction and other metal concerns, now is the spot copper prices fell. The Yangtze river metal extraction solution network WWW. 。 Cn tel: 0592 - 5668838
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