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June 20 Shanghai copper spot market KuaiBao
Jun 20,2019 11:44CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM June 20: today, Shanghai electrolytic copper spot on the current month contract water 30 ~ 80 yuan / ton, flat water copper transaction price 46780 yuan / ton ~ 46840 yuan / ton, water copper transaction price 46820 yuan / ton ~ 46880 yuan / ton. Shanghai copper continued yesterday's concussion pattern, around 46800 yuan / ton line continues to concussion. Morning quotation water 30 80 yuan / ton, maintenance stable in yesterday's quotation, flat water copper can quote 30 yuan / ton can be pressed price space, good copper can pressure price space is small, maintain stability in the rising water 70 80 yuan / ton around; wet copper quotation is slightly looser than yesterday, as for discount 50 ~ 30 yuan / ton, downstream to maintain rigid demand. Today, good copper and flat water copper quotations are stable, trading performance is general, transactions are still deadlocked, holders do not have the willingness to sell goods for cash, the willingness to push forward is still more obvious, and the disk performance of how empty confrontation, it is difficult to determine the trend, so traders have little to do, the market wait-and-see mood is stronger, supply and demand continues to show stalemate.

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