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April 14 SMM Shanghai copper spot market express: disk pressure 42000 yuan / ton spot rising directly to 100 yuan / ton
Apr 14,2020 11:49CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, April 14: Shanghai electrolytic copper spot contract today rose 80 yuan / ton ~ 100 yuan / ton, Pingshui copper transaction price 41900 yuan / ton ~ 42030 yuan / ton, Shengshui copper transaction price 41910 yuan / ton ~ 42040 yuan / ton. Finishing under the gate of 42000 yuan / ton copper pressure in Shanghai period. The morning trading inquiry is active, the spot market stalemate does not change, the market continues yesterday's quotation, rises the water 80 ~ rises 100 yuan / ton, the flat water copper small quantity may press the price to rise the water 70 yuan / ton, the good copper quotation is as low as the rise water 90 yuan / ton may receive the goods, the transaction atmosphere is slightly better than yesterday. The second section trading stage, low-price flat water copper supply has been difficult to find, flat copper price in the rising water 90 yuan / ton, good copper Wei steady rising water 100 yuan / ton, but the transaction heat is not as good as the morning market, the downstream to maintain a just need, wet copper slightly up to 50 yuan / ton. The price of the holder is also unchanged, some traders have low prices, but the pressure space is limited, most of the transactions are mainly received by traders, holding value holders are blocked under the continuous rebound, and the rising water is forced to maintain a firm attitude.

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