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June 5 Shanghai copper spot market KuaiBao
Jun 5,2019 11:48CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM June 5-Today, Shanghai electrolytic copper spot to the current month's contract water 110 ~ liter water 170 yuan / ton, flat water copper transaction price 46600 yuan / ton ~ 46660 yuan / ton, rising water copper transaction price 46630 yuan / ton ~ 46700 yuan / ton, the transaction price of flat water copper is 46600 yuan / ton ~ 46660 yuan / ton, and the transaction price of copper is 46630 yuan / ton ~ 46700 yuan / ton. The US dollar fell to 97 mark, good Shanghai copper rapid rebound, today copper prices stood at 46500 yuan / ton first line finishing. In the morning market, the price of rising water is 110 to 140 yuan / ton, the transaction is OK, the quotation of flat water copper is gradually raised to 130 yuan / ton of rising water, and the good copper is also raised to 160 yuan / ton of rising water. 170 yuan / ton, the transaction strength can be; Wet copper continues to raise its offer with the market, and the offer of 30 yuan to 60 yuan per ton is still unfinished. Spot market recently driven by risk aversion sentiment all the way higher, although the market inquiry is active, but traders tend to be cautious, holders stop, high prices do not rush to ship cash, downstream is on demand procurement, the market is waiting in the risk aversion mood.

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