Daily review: clinch a deal the spot copper limited upward blocked
copper shock consolidation today, afternoon dip picks up, as of 16:00 (Beijing time), the London metals ( LME） Copper latest offer $4571 up to $6.
2, domestic futures copper today Shanghai consolidation is given priority to, the current month 1606 contracts opened 35170 high low settlement 35190 35010 35330, or 35190 yuan/ton, compared with the previous one day rose 80 yuan/ton, up to 0. 23%; Positions, clinch a deal in Shanghai all contracts 540080 hand today, holdings reduce 9804 to 769922 hands. Main contract deal 304944 hands, holdings to reduce 15188 to 277556 hands. Shanghai copper shock consolidation today, afternoon rose slightly, but the space is limited, short-term pressure is obvious.
3, the spot market spot on May 24, according to statistics, 35300-1 # copper 35320 yuan/ton, compared with the previous trading rose 120 yuan/ton, premium 90 - litre 110 yuan/ton; Shanghai spot 1 # electrolytic copper 35250 yuan/ton, a rise of 20 yuan/ton, in the last trading day of smooth water copper 35230 clinch a deal the price to go up to 10, 35260 litres of copper price rise 20; Guangdong spot 35190-1 # copper prices 35390 yuan/ton, compared with the previous trading day up 140 yuan/ton; Huatong spot 1 # copper prices at 35335 yuan/ton, compared with the previous trading day up 120 yuan/ton; Downstream of the copper market fundamentals of weak recently, sentiment, the market trading co. , LTD. Night on the us new home sales data. Four, industry information
on May 24, foreign media messages, Indonesia a mining ministry official said on Tuesday that the Indonesian mining of copper and gold miners - to the United States - Newmont mining corporation ( 纽蒙特矿业公司) Indonesia branch licensing, allows the company to continue over the next six months copper and gold exports. Commissioner of Indonesia coal and mineral Bambang Gatot told reporters that newmont mining industry is the second largest copper miner in Indonesia, the company will continue to export from eastern Indonesia project approved of about 400000 tons of copper concentrate.