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June 13 Shanghai copper spot market KuaiBao
Jun 13,2019 12:05CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM June 13-Today, Shanghai electrolytic copper spot on the current month contract water 40 ~ 90 yuan / ton, flat water copper transaction price 46240 yuan / ton ~ 46400 yuan / ton, water copper transaction price 46280 yuan / ton ~ 46440 yuan / ton. Copper futures adjustment fell back to 46200 yuan / ton line. The sentiment of market throwing has been slightly alleviated. In the morning, the holder continued to quote 50 to 90 yuan / ton yesterday. There is a positive inquiry from traders and a willingness to receive goods at a low price. Good copper 80 yuan / ton, flat copper can be pressed to 40 yuan / ton, wet copper 20 yuan / ton ~ flat water, the transaction is OK, in the second trading period, the holder has no intention to continue to reduce prices, the quotation is firm in the flat water copper 50 yuan / ton line, the price is strong in the flat water 50 yuan / ton line, the wet process copper quotation 20 yuan / ton ~ flat water, the transaction is OK, the second trading period, the holder has no intention to continue to reduce the price, the quotation is firm in the flat water copper water 50 yuan / ton line, As a result, the stalemate pattern is repeated, and the atmosphere of market transactions has also become lighter. Today, the market changed yesterday's rising water continued to decline smooth performance, traders both difficult to find low-priced supply, but also difficult to sell strong supply, the market performance of supply and demand saw characteristics. The second trading session spread to about 50 yuan / ton, which is also one of the reasons why holders are unwilling to ship at a low price. Close to delivery, the disk has once again experienced a downward crisis. In terms of market performance, low prices and rising water may still be attractive to the market.

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