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July 9 Shanghai copper spot market KuaiBao
Jul 9,2019 12:00CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM July 9: today, Shanghai electrolytic copper spot to the current month's contract water 40 yuan / ton to liter water 100 yuan / ton, flat water copper transaction price 46160 yuan / ton ~ 46210 yuan / ton, rising water copper transaction price 46200 yuan / ton ~ 46250 yuan / ton. Shanghai copper continued to bear pressure fell to around 46100 yuan / ton, spot consumption is weak, holders bearish the future, the willingness to cash out is strong, the morning market quotation rose 60 to 100 yuan / ton, the transaction is few and difficult, the loose source of goods makes the rising water quickly fall back, flat water copper quotation rose 40 to 50 yuan / ton, good copper down to 80 to 90 yuan / ton, individual traders take the lead to increase the low price shipping efforts, the market has a certain drag impact, the price can be reduced to a lower level, the price of copper rose 40 yuan to 50 yuan per ton, good copper down to 80 yuan per ton, individual traders take the lead in increasing the strength of low-price shipment, there is a certain drag on the market, the price can be reduced to a lower level; Wet method accounted for a small proportion of goods, maintain yesterday's quotation discount 30 ~ 10 yuan / ton, downstream did not see a large number of bargains, traders are more active, but slightly hesitant to buy goods, traders have room and willingness to bargain. The future is now falling, and the copper market is weak.

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