Daily review: copper prices steadied downstream demand to buy
the August non-farm report to be released on Friday night weaker than expected to probability of September the fed raising interest rates fell, the dollar today, copper strong, by the Beijing time 16:00, London metals ( LME） Copper for the latest price is $4617, up $2.
2, domestic futures in Shanghai today situation, the current month 1609 contracts opened 36610 high low settlement 36540 36440 37400, or 36500 yuan/ton, flat; Positions, clinch a deal today Shanghai copper all contract 277014, 3706 to 517694 hand more holdings. Main contract volume 147262, 12460 to 210070 hand more holdings.
face mixed news, market performance, today's Shanghai copper co. , LTD.
3, the spot market, according to statistics show spot on September 5, 1 # copper to 36680 yuan/ton, a rise of 30 yuan/ton, in the last trading day of 120 litres to 140 litres of water; In the Shanghai area 1 # electrolytic copper 36650 yuan/ton, up to 50 yuan, smooth water copper clinch a deal the price 36620 yuan RMB 30, 36640 litres of copper price yuan rise 20 yuan. Guangdong spot 1 # copper prices at 36580 yuan/ton, up to 60 yuan. Huatong spot 1 # copper prices at 36705 yuan/ton, up 30 yuan/ton. Today, the domestic spot copper stabilization is given priority to, on-demand procurement market, clinch a deal as a whole. Four, industry information
in Washington on September 2, the Commerce Department said on Friday, the United States cathode copper imports in July, 67463694 kg, 1 - July imports 375520904 kilograms. In July the cathode copper exports 3531527 kg, 1 - July exports 94652067 kilograms.