Daily review: thin trading copper prices edged up before the referendum
significantly impact the British referendum to the market, short-term investor risk aversion rising, thin trading, copper shock consolidation, all day in the afternoon drive edged up by a weaker dollar, as of 16:00 (Beijing time), the London metals ( LME） Copper latest offer $4715 up $15.
2, domestic futures in Shanghai today leave high to go lower, the current month 1607 contracts opened 35610 high low settlement 35900 35550 36250, or 36230 yuan/ton, up 540 yuan, up 1. 51%; Positions, clinch a deal today Shanghai copper all contract 575902, 7606 to 650178 hand more holdings. Main contract deal 345406 hands, holdings to reduce 3010 to 252888 hands.
3, the spot market spot on June 22, according to statistics, 36010-1 # copper 36030 yuan/ton, compared with the previous trading rose 120 yuan/ton, premium 120 - litre 140 yuan/ton; Shanghai spot 1 # electrolytic copper 35970 yuan/ton, up 145 yuan, smooth water copper clinch a deal the price rose 145, 35960 litres of 35980 copper price rise 145; Guangdong spot 1 # copper prices at 36030 yuan/ton, up 140 yuan/ton; Huatong spot 1 # copper prices at 36045 yuan/ton, up 120 yuan/ton; A weaker dollar index before the referendum, today's spot copper prices rise further, traders on the above cargo is positive, the downstream procurement cautiously, actual market trading co. , LTD. Four, industry information
Beijing on June 21, Poland on June 20, local time, China minmetals corp and polish copper group signed in Poland, worth about $3 billion of electrolytic copper long-term contracts. China minmetals cooperation with polish copper has a long history. According to introducing, this year is the 20th China minmetals and polish copper group cooperation, long-term cooperation with Poland copper also makes China minmetals total imports from Poland's largest traders.