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July 22nd SMM Yangshan Copper Premium Express: import parity continues to close the foreign trade market shows the mood of selling goods
Jul 22,2020 14:02CST
translation
Source:SMM
July 22nd, 2020: today's warehouse receipt quotation is 90mur100 US dollars / ton, the average price is 1 US dollars / ton lower than the previous day; the bill of lading quotation is 75mur87 US dollars / ton, the average price is 2.50 US dollars / tonne lower than the previous day, QP August. LME0-3 has a rising water of US $9.95 / ton and an import loss of around 250 yuan / ton.
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July 22nd, 2020: today's warehouse receipt quotation is 90mur100 US dollars / ton, the average price is 1 US dollars / ton lower than the previous day; the bill of lading quotation is 75mur87 US dollars / ton, the average price is 2.50 US dollars / tonne lower than the previous day, QP August. LME0-3 has a rising water of US $9.95 / ton and an import loss of around 250 yuan / ton.

Today's foreign trade market is still continuing the early light market, the morning market has not heard of the deal. Traders with sources of goods arriving in Hong Kong at the end of the month have lowered their quotations in order to close the deal. at present, the price of the second-brand good copper bill of lading arriving in Hong Kong at the end of July and early August has dropped to less than US $90 / ton, and the actual transaction price is expected to be about US $87 / tonne. The mainstream fire offer is about US $85 / ton, at which no one is picking up the goods. At present, the market expects the supply of imported copper to be limited in August, so the quotation of the far month bill of lading is still high and the transaction is limited. The quantity of unilateral offer is limited and the price is slightly weaker.

At present, the transaction price of fire good copper warehouse receipt is around US $100 / ton, mainstream fire method is US $96 / ton, wet method is 90 yuan / ton, good copper bill of lading is US $87 / ton, mainstream fire bill of lading is US $82 / ton, and wet method is US $75 / ton.

(SMM Zhu Ruoyi)

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