SMM Shanghai copper spot market KuaiBao: at the end of the month, on the last trading day, it is difficult to break the stalemate pattern of buying and promoting weak spot transactions.

SMM July 31: today, the spot price of electrolytic copper in Shanghai is quoted as rising 10 to 90 yuan per ton, leveling copper at 51760 yuan / ton to 51920 yuan / ton, and copper at 51820 yuan / ton to 51980 yuan / ton. Shanghai copper continued to fluctuate around 51800 yuan / ton first line. Morning market quotation flat water copper in the rising water 20 yuan 30 yuan / ton, good copper price price in the rising water 90 yuan / ton, market transactions more wait-and-see, the end of the month stalemate characteristics are obvious, low activity, demand decline, in the trading price, flat copper trading in the rising water 10 yuan 20 yuan / ton, good copper can be as low as 70 yuan / ton, wet copper down, as low as 80 yuan / ton discount. At the end of the month, enterprises are involved in settlement and invoicing, and there is a lack of buying interest among traders and downstream, and the transaction may improve after the next month.