Price: According to news on November 28, the price of copper strip in the domestic market yesterday increased by 230 yuan/ton, and the price of brass strip increased by 190 yuan/ton. The quoted price of T2 copper strip was 71850-72850 yuan/ton, and the price of H62 brass strip was 71850-72850 yuan/ton. The offer price is 52,940-54,740 yuan/ton.
Transaction: Yesterday, the sales manager of a trader A in Guangdong said that copper prices fluctuated slightly. Currently, bargain hunting is the main focus in the market. The terminal purchase enthusiasm is not strong, and the daily transaction orders have declined; a C copper plate and strip company in Shandong reported that copper prices are fluctuating, the spot market is relatively light, traders are cautious, and they do not take much goods. The order is 36 tons, and the transaction is average.
Forecast: Copper prices fluctuated within a narrow range yesterday, and the market's enthusiasm for purchasing goods was average. Some terminal purchases increased, but the overall transaction volume changed little compared with the previous trading day. It is expected that the price of copper strips may fluctuate downward today.
