Copper solvent extraction reagent, Nickel Cobalt extractant, DEHPA & Rare earth leaching solvent

Metal leaching solvent

Daily review: the copper market for Chinese manufacturing data movements carefully

by:Deyuan      2020-12-25
Copper market analysis, the international market a

short-term rates the fed continuously to the market release signal and the dollar index strong shocks, copper market remains cautious, today all day shakeouts is given priority to, by the Beijing time 16:00, London metal ( LME) Copper latest offer $4658 fell $29.


2, domestic futures in Shanghai shock consolidation today, 1606 contracts opened 35700 high 35930 low current month settlement, 35770, 35630 or 35770 yuan/ton, up 70 yuan, up to 0. 2%; Positions, clinch a deal today Shanghai copper all contract 413576, 4398 to 769082 hand more holdings. Main contract volume 173512, 18778 to 321466 hand more holdings. Today Shanghai copper sideways, recent market news mixed, copper dilemma, is expected to shock is still not over.


3, the spot market spot on May 31, according to statistics, 35900-1 # copper 35920 yuan/ton, compared with the previous trading rose 110 yuan/ton, premium 80 - litre 100 yuan/ton; Shanghai spot 1 # electrolytic copper 35810 yuan/ton, a rise of 50 yuan/ton, in the last trading day of smooth water copper 35800 clinch a deal the price to go up to 50, 35820 litres of copper price rise 50; Guangdong spot 35740-1 # copper prices 35940 yuan/ton, compared with the previous trading day up 120 yuan/ton; Huatong spot 1 # copper prices at 35935 yuan/ton, compared with the previous trading day up 110 yuan/ton; Today's domestic spot copper price stabilization, the market waiting for will be announced tomorrow morning in May the Chinese manufacturing PMI data, short-term downstream strong wait-and-see mood, less volume. Four, industry information


San Diego news on May 30, Chile's government said on Monday that Chile's copper production in April of 432277 tons, 470740 tons of decline from a year earlier 8. 2% and less than 3 monthly production of 488759 tons, because of heavy rain attacks and some mine in ore grade. Chile is the world's largest producer of copper, copper production accounts for one-third of global production, a lot of aging mines in ore grade, mining companies to implement measures to cut costs at the same time, due to metal prices fell sharply.
Custom message
Chat Online
Chat Online
Chat Online inputting...
Please send email to jeven@metalleaching.com. Thanks.
Sign in with: