April 23 SMM Shanghai copper spot market express: copper futures rebound transaction suppressed rising water to maintain a stable supply and demand stalemate

Published: Apr 23, 2020 12:13

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SMM, April 23: Shanghai electrolytic copper spot contract today rose 170 yuan / ton ~ 190 yuan / ton, Pingshui copper transaction price 41900 yuan / ton ~ 42040 yuan / ton, Shengshui copper transaction price 41910 yuan / ton ~ 42050 yuan / ton. Shanghai copper rose to 41800 yuan / ton, rebounding about 1000 yuan. The morning market holder quotation is firm, the market inquiry is active, the market continues yesterday's quotation in the rising water 170 ~ 190 yuan / ton, the good copper concentrates in the rising water 180 yuan / ton first line, the majority of the holder flat water copper price is above 170 yuan / ton, the flat water copper small amount may press the price to 160 yuan / ton, the downstream buying market is not as good as yesterday, the wet method copper performance is slightly lower than yesterday, the quotation in the rising water 130 ~ rises 150 yuan / ton. Copper futures rose more, holders maintained high prices, downstream buying fell significantly, traders speculative space is limited, the characteristics of both supply and demand are obvious.

Copper copper price spot current copper afternoon news

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