【Market Transaction】
Shandong region: The quoted price of φ6.35*0.8mm in Qingdao is 71,100-71,400 yuan/ton, including tax and self-collection; the quoted price of φ22.2*1.2mm is 72,800-73,000 yuan/ton, including tax and self-collection; compared with the previous trading day Increased by 500 yuan/ton. According to Mysteel's research, prices have rebounded, and downstream enthusiasm for receiving goods is not high. Terminal orders have continued in small quantities. Company A shipped 20 tons, with a transaction price of 71,200 yuan/ton including tax. The goods are picked up by the surrounding downstream.
Zhejiang area: The quoted price of φ6.35*0.8mm in Ningbo area is 70,900-71,300 yuan/ton, including tax and self-collection; the quoted price of φ12.7*0.8mm is 71,000-71,200 yuan/ton, including tax and self-collection; compared with the previous trading day Increased by 400 yuan/ton. Market sentiment is affected by price fluctuations, and there is resistance to shipments in some markets.
【Market Summary】
Copper prices rose by 400-500 yuan/ton today, and the market has not yet shown obvious purchasing sentiment. The market just needs some support. At present, companies mainly supply long-term orders, and it is difficult to increase the overall volume.
【Raw material market】
The spot transaction price of No. 1 electrolytic copper in the Shanghai market was 67,815 yuan/ton, an increase of 365 yuan/ton from the previous trading day. The mainstream market quotation of good copper rose by 70 to 90 yuan/ton, down 80 yuan/ton from the previous trading day; flat water copper rose by 0 to 50 yuan/ton, down by 110 yuan/ton from the previous trading day; wet copper The price is 50~30 yuan/ton, which is 85 yuan/ton lower than the previous trading day.
【Tomorrow's prediction】
Copper pipe companies currently mainly produce long-term orders, and downstream companies and terminals mainly purchase on demand. The quoted prices for bulk orders are on the high side, and actual transaction negotiations are the main focus. The enthusiasm of downstream companies to enter the market has been frustrated.
