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

Metal leaching solvent

Review: Chinese poor data easing expected to support prices

by:Deyuan      2020-12-23
The copper market analysis, the international market a

China today, according to the official manufacturing after four months back below 50 vicissitudes line, the small and medium-sized enterprises in the fall for two consecutive months, become the main factors of poor data. The export-oriented enterprises and small enterprises as the main sample caixin manufacturing PMI showed a sharp rebound, a 19-month high. China's economic slowdown has concerns, the federal reserve to raise interest rates expected to cool again, today the dollar index weak turbulence, copper concussion higher, as of 16:00 (Beijing time), the London metals ( LME) Copper latest offer $4957 up $37.


2, domestic futures in Shanghai today opened lower after the shock, the current month 1608 contracts opened 37580 high low settlement 37870 37410 38160, or 38120 yuan/ton, up 390 yuan, up to 1. 03%; Positions, clinch a deal today Shanghai copper all contract 665700, 9404 to 576834 hand more holdings. Main contract volume 265488, 24170 to 223192 hand more holdings.


3, the spot market, according to statistics show spot on August 1, 1 # copper to 37920 yuan/ton, the last trading day rose 90 yuan/ton, 80 litres of water to 100 litres of water; Shanghai spot 1 # electrolytic copper 37890 yuan/ton, up to 40 yuan, smooth water go 45 yuan copper clinch a deal the price 37865 yuan, 37920 litres of copper price rise 40 yuan. Guangdong spot 1 # copper prices at 37750 yuan/ton, flat; Huatong spot 1 # copper prices at 37945 yuan/ton, up 90 yuan/ton. Poor Chinese manufacturing data, further easing afternoon is expected to issue, today's spot copper price stabilization is given priority to, part of a shipper's price, downstream the dips replenishment, clinch a deal the general market. Four, industry information


in the first half of 2016, the qinhuangdao port imported copper concentrate of 32, 29. 280000 tons, the value of 28510. 960000 dollars, batch year-on-year growth of 68%, compared with 100 weight. 58 5%, value growth. 1%. Import state-owned Chile, Iran, Peru, Armenia, Mexico, the Philippines, the United States. Copper concentrate all of jiangxi copper co. , LTD. , imported by huludao macro jump northern copper co. , LTD refining processing. This paper analyzes the reasons of imports a large number of growth: it is to huludao macro jump northern copper co. , LTD to expand production, increased raw material imports. Second, the domestic equipment manufacturing and digital industry rapid development, the demand for copper increased; Three is, at present copper processing fee are high, smelting copper high profits, enterprises import copper concentrate enthusiasm is higher.
Custom message
Chat Online
Chat Online
Chat Online inputting...
Please send email to jeven@metalleaching.com. Thanks.
Sign in with: