Copper inventories are generally at a low level. LME inventories have increased slightly and are still less than 85,000 tons. In the previous period, inventories rose to 41,000 tons. The spot stock is relatively tight. The emergence of the new coronavirus variant has caused marke

Shanghai Copper fell sharply today. During the session, Shanghai Copper 2112 opened 70270, fell 1010, and closed 70580, down 700.

Shanghai Copper 2112 Daily Chart Trend

Copper inventories are generally at a low level. LME inventories have increased slightly and are still less than 85,000 tons. Inventories on the previous exchange have rebounded to 41,000 tons. The spot stock is relatively tight. The emergence of the new coronavirus variant has caused market panic. Trading volume, Imports plummeted and people fled to risk, causing global industrial products and stock markets to plummet. We are currently paying attention to the development of the epidemic at home and abroad, and pay attention to avoiding risks.

nonferrous futures quotation:

Shanghai Copper 2112 opened at 70270, fell 1010, closed at 70580, fell 700;

Shanghai Aluminum 2112 opened at 18755, fell 490, closed at 18985, fell 260;

Shanghai Zinc 2112 opened at 22940, fell 620 , closing at 22920, down 640;

Shanghai Lead 2112 opened at 15390 and rose by 25 and closed at 15420 and rose by 55;

Shanghai Tin 2112 opened at 288190 and fell by 430 and closed at 289210 and rose by 590;

Shanghai Nickel 2112 opened at 148830 and fell by 3270 and closed at 149680 and fell by 2420;

Domestic scrap copper market Quotation:

Yangtze River Spot: 1# copper: 70620-70820, down 990 yuan/ton;

Nanhai nonferrous: 1# copper: 63900-64100, down 660 yuan/ton;

Shanghai nonferrous: 1# copper: 70490-71240, down 735 Yuan/ton;

Guangdong nonferrous: 1# copper: 70450-70650, down 900 yuan/ton;

Tianjin nonferrous: 1# copper: 70720-70720, down 950 yuan/ton;

Jiangsu, Zhejiang and Shanghai Nonferrous: 1# copper : 64500-64700, down 600 yuan/ton.