copper futures market]: the weak global economic growth and the increase of US interest rate hit the market confidence. The Lun copper fluctuated and fell every other week. The latest closing quotation was US $10069 / ton, closing down US $229, or 2.22%. The trading volume was 15176 hands, down 3484 hands, and the position was 264167 hands, down 957 hands. The latest closing price of 2206 contract in the main month was 73900 yuan / ton, down 940 yuan or 1.26%.
London Metal Exchange (LME) on April 22, the latest inventory of Lun copper reported 137775 metric tons, an increase of 7275 metric tons or 5.57% over the previous trading day.
Changjiang copper network news: today, Shanghai copper opened low. The latest opening price of Shanghai copper 2206 contract was 74020 yuan / ton, down 820 yuan. The global refined copper supply was better than expected. In January, the refined copper market was oversupplied by 16000 tons, and the domestic epidemic continued to suppress demand. In addition, under the stringent epidemic prevention measures, the copper price faced the pressure of correction, adding to the continuous increase of copper inventory in Lun, copper may fall now.
Post time: Apr-25-2022