Demand Concerns Weigh Down SHFE Copper, Opening at Limit Down [Intraday Update]

During the holiday, the overseas market experienced a severe decline in metals. After the holiday, domestic metals followed suit with a broad low opening. SHFE copper and international copper hit the limit down, while SHFE lead and SHFE zinc also fell by more than 4%. As global trade disputes escalated, market concerns over economic growth and demand for industrial products intensified. Amid widespread panic sentiment, global risk assets faced a sell-off, and non-ferrous metals also experienced a comprehensive decline.

(As of around 9:00 on April 7, SHFE copper price trend)