News, review: strike copper copper rose now
1, the international market is significantly better than expected June non-farm data boosted the United States, Europe and the United States today the stock market rose broadly, stronger all of base metals to leave go high, high copper by 16:00 Beijing time, London metals ( LME） Copper latest offer $4768 up to $78.
2, domestic futures today open Shanghai copper edged higher after concussion higher, with the current month 1607 contracts opened 36620 high low settlement 36820 36550 37070, or 37020 yuan/ton, up 430 yuan, up 1. 18%; Positions, clinch a deal in Shanghai all contracts 456084 hand today, holdings reduce 2042 to 590146 hands. Main contract volume 302506, 996 to 260408 hand more holdings.
3, the spot market spot on July 11, according to statistics, 36810-1 # copper 36860 yuan/ton, compared with the previous trading rose 150 yuan/ton, 60 litres to 100 litres of water; Shanghai spot 1 # electrolytic copper 36860 yuan/ton, up 210 yuan, smooth water copper clinch a deal the price 36845 yuan rise 215 yuan, 36875 litres of copper price rise 215 yuan; Guangdong spot 1 # copper prices at 36820 yuan/ton, up 160 yuan/ton; Huatong spot 1 # copper prices at 36855 yuan/ton, up 150 yuan/ton; Influenced by Chilean copper strike messages, today's spot copper prices rose slightly, spot market sentiment has warmed up, the downstream businesses dips replenishment, clinch a deal market slightly improved. Four, industry information
in San Diego, July 8, a union official told reporters that Anglo American ( Anglo American） Began on Friday, Chile, El Soldado copper mine workers went on strike, after contract talks fail to agree. On the union announced that it would be from 1200 GMT ( 00 PM Beijing time) Start, only some important post workers will continue to work. Last year, Chile, El Soldado copper copper production is about 3. 60000 tons, less than 1% of Chilean national copper production 5. 76 million tons. Union leaders Jaime Munoz, said last week the workers refused the final plan put forward by the company, and after the official mediation is also no progress. He added, however, trade unions to restart talks are open. Anglo has not immediately available for comment.