Day review: businesses first stock clinch a deal the copper market well
today Aaron copper rose slightly, under the influence of a stronger dollar after shocks to fall afternoon decline has widened, as Beijing time ticket is London metals ( LME） Copper for the latest price is $4826, down $30.
2, domestic futures copper today Shanghai consolidation is given priority to, the current month 1610 contracts opened 37800 high low settlement 37720 37660 37840, or 37720 yuan/ton, up 10 yuan, up to 0. 03%, Shanghai copper shock consolidation today, weaker overall performance, Positions, clinch a deal in Shanghai all contracts 250736 hand today, holdings reduce 4930 to 456438 hands. Main contract deal 132548 hands, holdings to reduce 7806 to 161124 hands.
3, the spot market, according to data shows: spot on September 26th, 1 # copper to 37880 yuan/ton, a rise of 50 yuan/ton, in the last trading day of 140 litres to 160 litres of water; 1 # electrolytic copper in Shanghai 37800 yuan/ton, up to 50 yuan, smooth water copper rose 45 yuan, clinch a deal the price 37820 37840 litres of copper price up to 50 yuan. Guangdong spot 1 # copper prices at 37840 yuan/ton, up 80 yuan. Huatong spot 1 # copper prices at 37905 yuan/ton, up to 50 yuan/ton. Today the domestic spot copper price stabilization is given priority to, shipment of traders actively, downstream businesses first stock, clinch a deal market improved. Four, industry information
foreign media messages on September 26th, investment bank barclays ( Barclays） In a research report: & other; The improvement of China's domestic copper, plus the lack of further monetary easing, suppresses the copper prices fall. ” Barclays also said: & other; The copper market are not out of the haze, as supply pressure is still there, while global demand stagnation. But short-term threat to eliminate, the market can be a breather. ”