Copper review: the economy improve copper weight on a month high
Abstract: the continuous oil prices rebound boost optimism, every Zhou Lun $34 a month on heavy copper will continue rises high, the copper inventories of the previous period on Zhou Wei reduce or imply poor demand, this is copper rose slightly.
today's copper price analysis and forecast: a.
in the international market because of there are signs that the global oil market oversupply situation may ease, market sentiment has become more optimistic, oil prices rose for a third straight week, copper Zhou Lun vibration isolation were up $34 a one-month high on weight, the latest closing price of $5031, successful above 5000 on the site.
the London metal exchange on April 22, according to data released copper inventories increased 1525 metric tons to 147800 tons.
Cancel the LME copper warehouse inventory ratio is 16.
in the domestic market in Shanghai today opened higher, 1605 contracts opened the current month of 38080 yuan, up 260 yuan, 'Shanghai copper 1605 contract offer 37990 rose 170 yuan;
Recently released by the China series data better than expected first quarter this year showed that domestic economy improved, the market enthusiasm to heat up, copper prices continued strong trend;
But last week the previous copper stocks were slightly reduced or implied by the market demand outlook not expected optimism, the rally was suppressed, is expected to today's spot copper rose slightly.
hot financial information 1.
The eurozone manufacturing PMI initial 51 in April.
5, 51 less than expected.
France is still a drag on the main reason for the euro zone, and other countries, including Germany, growth is slowing.
Chief economist at Markit Chris Williamson, argues that the European central bank or need to take more aggressive policies to boost the euro zone economy sustainable recovery.
Collective domestic commodity futures markets jumped on Thursday, 18 main commodity futures varieties hit harden, including iron ore, bitumen, eggs, corn, and other 10 varieties closed harden.
Under this background, the previous period, dalian, zhengzhou three exchange together by hand, raise commodity transaction fees, or adjust the margin trading margin and we want.