Copper continued weak, the market trading slightly rebounded
Beijing, China's consumer-price index in July 1.
8%, three consecutive month of decline, a new low since six months.
PPI - year-on-year in July
7%, narrowing the seventh consecutive month, as the smallest drop in the past two years, from 0.
2% from fall to rise.
Analysts say shows situation gradually improve China's manufacturing industry, the economy as a whole tend to be more stable.
copper: yesterday LME3 month copper disadvantaged concussion, opening at $4799, slightly higher to $4810 for concussion, midday in diving down, then fluctuated violently, evening to the lowest $4761, finally ended in 4776.
Five dollars, fell 32.
$5 or 0.
68%, holdings increased 1586 to 35.
Yesterday evening in Shanghai main 1610 contract disadvantaged concussion, opened in 37160 yuan, from the lowest point after opening shock rise, to the highest point after concussion, back slightly, closed at 37310 yuan, down 160 yuan, or 0.
43%, taking 6378 to 243676 hand position.
37000 - is expected to shock interval
yesterday Shanghai trading center (metal extraction solution
The original WuMao colored spot market)
, the spot copper main clinch a deal in 37210 - in the morning
37400 yuan/ton, is falling on a weekday, 240, in the c60 - liter discount
B130 yuan, falling on a weekday 30 yuan.
Yesterday fair market supply, good copper supply increases, thus good copper premium fell sharply, traders shipment is given priority to, smelter small shipment, brand in the majority with cooper, etc.
Downstream manufacturers with the weakening of copper on dips purchase, purchase quantity relatively recently improved, but still is given priority to with on demand.
Good afternoon liter discount is slightly lower in the morning, in the b100 - copper
B110 yuan, smooth water copper b00 -
The b20 yuan, wet the c70 - copper
Extract solution according to Shanghai metal trading center survey, most traders fall view, a small number of traders take shock view.
Discount is expected to rise c80 -