The average spot copper price since November 2021: 71,505 yuan/ton, which is 200 yuan/ton lower than since November as of last week. Scrap copper is about 28-33 yuan/jin (cash price). The average price of spot aluminum since November 2021: 19,122 yuan/ton, a decrease of 2,625 yua

2024/06/2000:23:32 hotcomm 1498

The average spot copper price since November 2021: 71,505 yuan/ton, which is 200 yuan/ton lower than since November as of last week. Scrap copper is about 28-33 yuan/jin (cash price)

The average spot copper price since November 2021: 71,505 yuan/ton, which is 200 yuan/ton lower than since November as of last week. Scrap copper is about 28-33 yuan/jin (cash price). The average price of spot aluminum since November 2021: 19,122 yuan/ton, a decrease of 2,625 yua - DayDayNews

The average price of spot aluminum since November 2021: 19,122 yuan/ton, a decrease of 2,625 yuan/ton from November to the present as of last week. Scrap aluminum is about 7.2-9.5 yuan/jin (cash price)

The average spot copper price since November 2021: 71,505 yuan/ton, which is 200 yuan/ton lower than since November as of last week. Scrap copper is about 28-33 yuan/jin (cash price). The average price of spot aluminum since November 2021: 19,122 yuan/ton, a decrease of 2,625 yua - DayDayNews

The average spot lead price since November 2021: 15,372 yuan/ton, a decrease of 74 yuan/ton compared with the average price from October to last week, making it the metal with the smallest price fluctuations.

The average spot copper price since November 2021: 71,505 yuan/ton, which is 200 yuan/ton lower than since November as of last week. Scrap copper is about 28-33 yuan/jin (cash price). The average price of spot aluminum since November 2021: 19,122 yuan/ton, a decrease of 2,625 yua - DayDayNews

The average price of spot zinc since November 2021: 23,781 yuan/ton, a decrease of 72 yuan/ton compared with the average price from October to last week.

The average spot copper price since November 2021: 71,505 yuan/ton, which is 200 yuan/ton lower than since November as of last week. Scrap copper is about 28-33 yuan/jin (cash price). The average price of spot aluminum since November 2021: 19,122 yuan/ton, a decrease of 2,625 yua - DayDayNews

The average spot nickel price since November 2021: 147,675 yuan/ton, an increase of 1,852 yuan/ton from last week.

The average spot copper price since November 2021: 71,505 yuan/ton, which is 200 yuan/ton lower than since November as of last week. Scrap copper is about 28-33 yuan/jin (cash price). The average price of spot aluminum since November 2021: 19,122 yuan/ton, a decrease of 2,625 yua - DayDayNews

The average price of spot tin since November 2021: 293,550 yuan/ton, an increase of 1,450 yuan/ton from last week.

The average spot copper price since November 2021: 71,505 yuan/ton, which is 200 yuan/ton lower than since November as of last week. Scrap copper is about 28-33 yuan/jin (cash price). The average price of spot aluminum since November 2021: 19,122 yuan/ton, a decrease of 2,625 yua - DayDayNews

2. Copper inventory situation

LME market Unit: tons Update: November 25 82,600 tons, an increase of 375 tons.

COMEX MARKETS Unit: Short Ton Updated: November 25, 59,004 short tons.

LME copper futures closed down $342 at $9,460/ton, with the latest price at $9,445/ton, down 3.64%;

LME aluminum futures closed down $102 at $2,615/ton;

LME zinc futures closed down $106 , reported 3194 US dollars/ton;

LME lead closed down US$2, at US$2,269/ton;

LME nickel closed down US$770, at US$19,897/ton;

LME tin closed down US$1,057 at US$38,652/ton.

Shanghai weekly inventory report reported 41,862 tons on November 26, an increase of 6,944 tons, a significant increase of 19.88%, but the current inventory is still at a low level. Sources say: It is currently operating in a range. The premium fell back and turned to demand. As the traditional off-season for copper consumption and poor data, with little change in the external environment, copper prices may remain range-bound. It is expected that spot copper prices will remain range-bound in the near future, with the price reference range of 69,000-74,000. yuan/ton, but currently a variant of the new coronavirus has been detected in South Africa, and the market is worried about the demand for crude oil and other bulk commodities. Shanghai copper fell by more than 2%. The recent copper price may have fallen sharply due to this. It is expected that copper prices will open down by about 1,800 yuan on Monday.

[Shanghai aluminum closed down more than 3% in night trading, Shanghai copper and Shanghai nickel fell more than 2%]

Shanghai copper closed down 2.81%, with the latest price of 69,360 yuan/ton.

Source of pictures and texts: Copper price trend

Statement: We respect originality and pay attention to sharing; the copyright of

text and pictures belongs to the original author. The purpose of reposting

is to share more information and does not represent the position of this account. If it infringes upon your rights, please contact us in time and we will delete it as soon as possible. Thank you.

hotcomm Category Latest News