December 12 (Mon): The biggest one-day fall in Chinese stocks since June, as regulators crack down on insurers' equity investments and worry about US-elected President Trump's China policy, investors are scared. . China PPI rose 3.3% in November, coupled with optimistic on China, the United States and Europe released manufacturing data, enhance the global economy may gradually improve again view. Affected by this combination of factors, LME copper price shocks down, late to close at 5760 US dollars / ton, down 1.2% over the previous trading day. Shanghai copper main contract 1701 late to close at 47080 yuan / ton, compared with the previous trading day up 0.23%.
LME copper stocks increased by 28,225 tons to 241,550 tons over the previous day, LME copper canceled warehouse receipts accounted for 41.97. Domestically, by the futures price factors, the Yangtze River spot price of copper copper water level 30 yuan / ton, premium copper premium 80 yuan / ton.
8mm copper rod:
Far East material trading center spot 8mm copper rod over the previous day incremental Masukura, the day the price within a narrow range, late to close at 47,400 yuan / ton, compared with the previous trading day up 0.39%, indicating a strong upstream shipping , More active transactions.
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