July 30th SMM yangshan copper premium KuaiBao: foreign trade copper transaction is weak Warehouse receipt price falls sharply

Published: Jul 30, 2020 14:01
July 30th, 2020: today's warehouse receipt quotation is 80-93 US dollars / ton, the average price is 4.50 US dollars / ton lower than the previous day; the bill of lading quotation is 68-82 US dollars / ton, the average price is 1.50 US dollars / ton lower than the previous day, QP August. The LME0-3 litre water is 8 US dollars / ton, and the import loss is around 300 yuan / ton.

July 30th, 2020: today's warehouse receipt quotation is 80-93 US dollars / ton, the average price is 4.50 US dollars / ton lower than the previous day; the bill of lading quotation is 68-82 US dollars / ton, the average price is 1.50 US dollars / ton lower than the previous day, QP August. The LME0-3 litre water is 8 US dollars / ton, and the import loss is around 300 yuan / ton.

The import window continues to close, and the demand in the foreign trade market remains light. Warehouse receipt prices declined significantly, mainly due to the weakening of domestic consumption and the continuous inflow of non-standard copper, which led to the rapid weakening of wet and common fire warehouse receipt prices and the widening of seller's offer span. at present, the mainstream price of fire warehouse receipt is 85-90 US dollars / ton. The downward trend of the price of the bill of lading remains unchanged, and the recent mainstream fire quotation in Hong Kong has been reduced to less than US $80 / ton. The quotation of Yuanyue bill of lading is relatively strong, and the price of Erpai is more than 90 US dollars / ton.

At present, the transaction price of fire good copper warehouse bill is around US $93 / ton, mainstream fire method is US $88 / ton, wet method is 80 yuan / ton, good copper bill of lading is US $82 / ton, mainstream fire bill of lading is US $76 / ton, and wet method is US $68 / ton.

(SMM Zhu Ruoyi)

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July 30th SMM yangshan copper premium KuaiBao: foreign trade copper transaction is weak Warehouse receipt price falls sharply - Shanghai Metals Market (SMM)