Fundamental analysis:

    December 8 (Thursday) announced the news: China's November import and export data were significantly better than expected. In dollar terms, exports in November rose 0.1% year on year, for the first time in eight months to positive; imports increased by 6.7% year on year growth rate hit a two-year high. China's raw material imports in November chain rose across the board, coal imports hit a 18-month high. The dollar index was 100.09, was close to Monday's 99.85 hit a three-week low, after a substantial increase, compared with the previous trading day up 0.84%. Affected by this combination of factors, LME copper price within a narrow range, late to close at 5780 US dollars / ton, compared with the previous trading day down 0.86%. Shanghai copper main contract 1701 late to close at 47070 yuan / ton, compared with the previous trading day down 1.4%.

    Spot surface:
 
    Copper and copper stocks compared with the previous day to reduce 4800 tons to 221125 tons, LME copper canceled warehouse receipts accounted for 50.4. Domestically, the futures price factors, the Yangtze River spot price of copper copper water level 0 yuan / ton, premium copper premium 50 yuan / ton.

    8mm copper rod:

    Far East material trading center spot 8mm copper rod shrinkage to lighten up the previous day, the day the price within a narrow range, late to close at 47,500 yuan / ton, compared with the previous trading day down 0.7%, showing a strong upstream shipments, Turnover more active.


    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.