Copper review: the back pressure on commodity prices before the referendum copper prices callback
Abstract:, dragged down by falling oil prices and a stronger dollar London copper fell 2 in late weakness.
17%, the British retreated before the referendum market risk aversion, copper is still low, is expected to Shanghai spot copper with down today.
today's copper price analysis and forecast: a.
the international market of crude oil in 3.
7% at 46 a barrel.
$21, crude oil fell and the dollar rebound drag on copper prices fell, London copper fell 2.
17% to $4544, Britain withdrew the referendum next week worries global investors, short-term market risk aversion, copper or likely to be down further.
the London metal exchange on June 16, according to data released copper inventories to reduce 3125 metric tons to 199025 tons.
Cancel the LME copper warehouse inventory than 19.
in the domestic market in Shanghai today all high, the current month 1607 contracts opened 35420 yuan, down 260 yuan, 9:10 contract offer 1607, 35490 yuan in Shanghai copper fell 190 yuan;
China's National Bureau of Statistics data released on Thursday showed that China may refined copper output of 680000 tons, production of refined copper China may rebound on copper prices rising and the dollar index, compared to the weaker today in Shanghai, is expected to spot copper with fell slightly.
hot financial information 1.
The U. S. department of labor, according to data released the may CPI monthly growth of 0.
0 2%, less than expected.
3% growth, April CPI is yoy increase 0.
4%, quarter-on-quarter growth in April when its fastest since February 2013.
Item Numbers, most did not appear sharp rise in the price of goods and services, but the crude oil prices rebounded to gasoline prices continue to grow, in addition to the rent its biggest monthly rise since February 2007, may promote the rising inflation.
According to Thursday (
On June 16)
A government report said, the United States when the jobless claims recorded increased, and performance worse than expected, but still below the threshold of 300000 people.
The U. S. department of labor,
The United States, according to figures released on June 11, the week after the seasonally adjusted jobless claims to 27.
70000, is still at low levels, forecast for 270000, the former value is 26.