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July 3 Shanghai copper spot market KuaiBao

iconJul 3, 2019 12:13
Source:SMM

SMM July 3: today, Shanghai electrolytic copper spot on the current month contract water 60 yuan / ton to liter water 130 yuan / ton, flat water copper transaction price 46360 yuan / ton ~ 46400 yuan / ton, rising water copper transaction price 46410 yuan / ton ~ 46460 yuan / ton. Shanghai copper fell continuously to 46300 yuan per ton line. Copper futures plummeted, attracting traders to enter the market, positive inquiry atmosphere, holders to maintain a strong desire to carry water, early market holders quoted water 60 to 110 yuan / ton, flat copper low price transaction is OK, good copper difficult to have pressure space, high price up to 120 yuan / ton, transactions have been significantly improved, traders to enhance their willingness to collect goods difficult to depress the price; The lower reaches of the low replenishment also improved, wet copper quotation increased to 20 yuan / ton ~ flat water. Good copper still shows the characteristics of low price rise, the current holder will continue to rise the price of the trading pattern.

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