pokerth| Supply of goods for brands such as JCC and Dajiang PC: The rise in copper prices has caused spot premiums to stabilize, and downstream stocking demand is moderate
Newsletter summary
The price of copper rose todayPokerthThe trading situation varies from place to place. Shanghai market rising water enterprises stable, Foshan market turnover is poor, Tianjin market spot trading in general, Chongqing market turnover is still declining. Downstream stock mood affected by festivals and copper prices, the overall performance is mediocre.
Text of news flash
Mysteel data show that the price of electrolytic copper in Shanghai market has fluctuated recently, and spot rising water has stabilized during the May Day holiday. Due to the reduction of imported copper inflows, the demand for downstream stock is general, and the enthusiasm for spot transactions is not high. [Foshan market spot price down] inventory in South China is lower, reserve demand in the lower reaches of the May Day holiday is increasing, but Foshan market spot price price shows a downward trend, the market transaction performance is not good. [general spot trading of high copper prices in Tianjin market] Copper prices in Tianjin market remain high, supply is tight at the end of the month, and market consumption is general. Near the holiday, downstream replenishment demand has not increased significantly, spot transactions have not improved significantly. [the decline of the Chongqing market has not changed] the recent trading situation in the Chongqing market is relatively poor, and the consignors reduce shipments to reduce the pressure on the cost of capital. May Day holiday is approaching, the downstream reserve mood is depressed, traders feedback transactions to pick up goods mainly long order, zero order transaction reduction is larger. [regional price difference data] the latest regional price difference data show that there are some differences in the price of electrolytic copper among different markets, reflecting the comprehensive influence of regional supply and demand and logistics costs.
Tags:
Prev: scratchwebsite| Germany's DAX30 index fell 0.24%: European stock markets were mixed
Next: onlinejackpot| Heavy release 丨UOS AI was selected into the "Top 100 New Technologies and New Products List" of Zhongguancun Forum