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July 25 Shanghai copper spot market KuaiBao
Jul 25,2019 11:30CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM July 25-Today, Shanghai electrolytic copper spot on the current month's contract water 10 yuan / ton ~ 60 yuan / ton, flat water copper transaction price 46970 yuan / ton ~ 47010 yuan / ton, rising water copper transaction price 47000 yuan / ton ~ 47050 yuan / ton. Shanghai copper continues to wander around 47000 yuan / ton shock. The market basically maintained yesterday's quotation, flat water copper quotation tends to stabilize in the rising water 10 to 20 yuan / ton range, traders are interested in buying near Pingshui, if there is a low price source can still attract traders to buy, good copper due to difficult price space delivery is still hesitant, some of the lower price to good copper liter water 40 yuan / ton; downstream enterprises to maintain rigid demand, wet copper yesterday to maintain a discount of 50 to 30 yuan / ton. Today, the long order trading is basically nearing the end, and there is no significant fluctuation on the last day, and the spot price is basically flat. Today, the trading volume of the whole market is general, and the transaction is still in a stalemate. After the end of the long order, it may be difficult to maintain a comprehensive rise.

 

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