Yesterday's copper price was far ahead. In one day, the market rose by nearly 2,000 yuan/ton, and the highest value reached more than 59,000 yuan; the foreign market rose by more than 200 US dollars, and the highest rose by more than 7,600 US dollars.
scrap copper recyclers' quotations have been even more changeable every day. The price of bright copper pure strips is 26.4 yuan per market kilogram in the morning, and then it rises from 26.5 to 26.6, and then jumps to 26.8. After the closing in the afternoon, it rises to 26.9, which is like bungee jumping. Last night trading, there was a slight decline:
Shanghai night trading copper 58740 rose 460 aluminum 17985 rose 110 lead 15165 fell 25 zinc 23095 rose 210 London copper 7596 rose 114 aluminum 2428 rose 2016 rose 5 zinc 3047 rose 55 tin 24775 rose 155 nickel 22285 rose 260
Inner trading has broken 59000, and the foreign trading just broke 7600
This morning, London copper was 7545, getting further and further away from 7600, approaching US$7500. When the recycler saw that the situation was not good, he immediately lowered his quotation. Today's recycler quotation information is as follows: Temporary quotation! Bright copper pure strips 26.7 currency 26.4 whiteboard 26.2 miscellaneous copper 24
inner plate open at 58550, which is getting further and further away from yesterday's high 59130. I have to say that the recyclers' vision is still very accurate.
As of press time, the internal market has fallen below 58,000 to 57,920 to 0.22%; the external market has fallen by 7,518 to 0.21%, and the market is green, a picture waiting to cut leeks.
In the complex international situation, there is still a high degree of uncertainty in copper prices. It is recommended that you sell high and buy low. If you are not sure, you can continue to maintain a fast-in and fast-out business strategy, lock in profits and put them in a safe manner.
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