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April 13 SMM Shanghai copper spot market report: the current total rise in low water transaction is still OK
Apr 13,2020 12:05CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, April 13: Shanghai electrolytic copper spot contract today rose 60 yuan / ton ~ 90 yuan / ton, Pingshui copper transaction price 41820 yuan / ton ~ 42010 yuan / ton, Shengshui copper transaction price 41830 yuan / ton ~ 42020 yuan / ton. The return of copper in Shanghai rose to 42000 yuan per ton, up nearly 1,000 yuan from Friday. The spot quotation of the early market holder rises 60 ~ 70 yuan / ton, the good copper rises to the rising water 80 yuan / ton after the first line transaction, the flat water copper is favored by the market, the low price rises 60 yuan / ton after the transaction adjusts to the rising water 70 yuan / ton, the transaction is OK; In the second section of the trading stage, the trend of the price is unchanged, the flat water copper tends to stabilize in the rising water 70 ~ 80 yuan / ton, the good copper quotation is in the rising water 80 ~ 90 yuan / ton, the wet copper follows the market quotation up to 10 ~ 40 yuan / ton. The current common strong characteristics are obvious, the holder price heart has been continuous, the downstream continues to maintain the urgent need, the trader leads the market to close the transaction, the low price supply is favored by the speculator.

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