Rised day review: the shipper of low copper trading co. , LTD
a, international market worries about the federal reserve to raise interest rates to investors, market sentiment cautious before yellen speech tomorrow, today's copper shock consolidation, by the Beijing time 16:00, London metals ( LME） Copper for the latest price is $4687, down $19.
2, domestic futures today Shanghai copper vulnerable, maintain the current month 1609 contracts opened 36540 high low settlement 36310 36040 36620, or 36330 yuan/ton, down 440 yuan, down to 1. 2%; Positions, clinch a deal in Shanghai all contracts 508670 hand today, holdings reduce 13338 to 526572 hands. Main contract deal 308008 hands, holdings to reduce 23126 to 232444 hands.
3, the spot market on August 25, according to statistics the spot 1 # copper to 36270 yuan/ton, the last trading day down 520 yuan/ton, 70 litres of water to 90 litres of water; In the Shanghai area 1 # electrolytic copper 36200 yuan/ton, down 500 yuan, smooth water copper clinch a deal the price down 36265 yuan, 440 yuan, 36290 litres of copper price fell 450 yuan; Guangdong spot 1 # copper prices at 36150 yuan/ton, down 520 yuan. Huatong spot 1 # copper prices at 36295 yuan/ton, down 520 yuan/ton. Today's domestic spot price of copper fell, the suppliers at a low price rised, downstream demand a small amount of purchase, the market clinch a deal. Four, industry information
Mining and trading giant glencore's chief executive Ivan Glasenberg said on Wednesday that glencore will restart at the beginning of 2018's Katanga Mining, production. Katanga copper company is located in the republic of the Congo, announced the suspension of business for 18 months in September last year.