Shanghai electrolytic copper spot contract today rose 240 ~ 280 yuan /
ton, Pingshui copper transaction price 47410 yuan / ton ~ 47490 yuan /
ton, Shengshui copper transaction price 47430 yuan / ton ~ 47510 yuan /
ton. Shanghai copper pressure dropped to 47200 yuan / ton, the morning
market inquiry is active, the early opening of the market has a rising
water 220-230 yuan / ton flat copper, traders buy actively, following
yesterday's trading circle received goods, the morning market set off
another wave of receiving tide, the rising water directly pushed up to
240 ~ 260 yuan / ton, and continued to climb more than, after 10:00, the
quotation has been frantically raised to 260 yuan / ton to 280 yuan /
ton. Some businesses have even directly targeted the rising water 300
yuan / ton, close to the end of the afternoon market, the crazy degree
of the market gradually cooled, the rising water temporarily stabilized,
some businesses showed the willingness to exchange cash, Pingshui
copper rising water to maintain stability at 250 yuan / ton quotation,
good copper rising water is also stable at 270 yuan 280 yuan / ton.
Today, traders are still the market receiving leaders, the proportion of
downstream follow bargain replenishment has increased, but the
continued upsurge in trade buying enthusiasm has been restrained in the
high level, but the quotation is strong, it is difficult to depress the
price, the sustainability of pre-festival stock was basically confirmed
by the market at the beginning of the week. Today, market holders have
the initiative to quote, rising water is difficult to fall.
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