Daily review: focus on the fed meeting resolution copper wait-and-see mood partial thick
the fed's decision late forthcoming, market expectations the fed will pause, the dollar fell to boost copper price today, as Beijing time 16:00, London metals ( LME） Copper latest offer $4587 up $57.
2, domestic futures copper today Shanghai consolidation is given priority to, the current month 1606 contracts opened 35260 high low settlement 35370 35160 35460, or 35430 yuan/ton, down 30 yuan, or 0. 08%; Positions, clinch a deal in Shanghai all contracts 432592 hand today, holdings reduce 14208 to 715704 hands. Main contract deal 257364 hands, holdings to reduce 14062 to 309524 hands. Britain will come back the referendum, the copper market sentiment remains cautious.
3, the spot market, according to statistics show spot on June 15, 35410-1 # copper 35430 yuan/ton, compared with the previous deal fell 220 yuan/ton, liters of 30 to 50 yuan/ton premium; Shanghai spot 1 # electrolytic copper 35400 yuan/ton, down 175 yuan, smooth water copper clinch a deal the price down 35385, 175, 35410 litres of copper price fall 175; Guangdong spot 35320-1 # copper prices 35520 yuan/ton, down 170 yuan/ton. Huatong spot 1 # copper prices at 35445 yuan/ton, down 220 yuan/ton; Today's spot prices fell, the spot copper litres of water to drop, the market supply and demand both sides average cautious, downstream light volume. Four, industry information
statistics, 1 - this year Dongdu port imported copper concentrate 45 in May. 13 430000 tons, compared with the same period last year growth. 61%. Global economic situation this year, severe dongdu port copper concentrate imports do not send a rose, although prices showed a trend of volatility, but the origin of concentration and stable quality.