Fundamental analysis:

    December 6 (Tuesday) announced the news: oil prices fell for the first time in five trading days, US oil plate oil both fell over 2%. Whether the implementation of the agreement on the success of the production is still in doubt, investors rallies to sell, is the main reason for falling oil prices. US economic growth accelerated, orders for durable goods orders in October than the final value of 4.6%. Affected by this combination of factors, LME copper price within a narrow range, late to close at 5872.5 US dollars / ton. Shanghai copper main contract 1701 late to close at 47500 yuan / ton, compared with the previous trading day up 1.56%.

    Spot surface:
 
    Copper and copper stocks decreased by 3525 to 229,500 tons over the previous day, LME copper canceled warehouse receipts accounted for 44.02. Domestically, by the futures price factors, the Yangtze River spot price of copper copper water premium of 40 yuan / ton, premium copper premium 10 yuan / ton.

    8mm copper rod:

    Far East material trading center spot 8mm copper rod over the previous trading day incremental Masukura, the day the price within a narrow range, late to close at 47,740 yuan / ton, compared with the previous trading day up 0.48%, showing a strong upstream shipping , More active transactions.


    Disclaimer / Declaration:

    The information in this article is derived from the public information, the transaction center for the accuracy and completeness of this information does not make any guarantee, nor guarantee that the information and recommendations contained will not change. No part of this document may be reproduced, reproduced or distributed in any form or by any means without prior written permission from Far East Material Trading Center. If reference is made to the materials trading center of the Far East, any reference to this document may not be made. , Pruned and modified.