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June 27 Shanghai copper spot market KuaiBao
Jun 27,2019 11:59CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM June 27th: today, the spot price of electrolytic copper in Shanghai is 50 yuan / ton, the transaction price of copper is 47050 yuan / ton ~ 47110 yuan / ton, and the transaction price of copper is 47080 yuan / ton ~ 47150 yuan / ton. Shanghai copper gave up some of yesterday's rise to 47000 yuan / ton line. Most enterprises enter the half-year settlement state, the market is basically the invoice quotation next month, the holder maintains yesterday's quotation in Pingshui ~ Shengshui 50 yuan / ton range, the transaction is light, the good copper holder takes the initiative to lower the quotation, the good copper Shengshui 30 40 yuan / ton or so receives the goods, the flat water overall does not see the substantial lower expansion transaction, the small part of the supply has the depressing price space, the morning overall transaction does not improve; Wet copper still maintains yesterday's quotation discount 60 ~ discount 30 yuan / ton. As the holder still has no intention to lower the price, the downstream willingness to pick up the goods is lack, the market performance stops, so the supply and demand sides maintain the stalemate situation.

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