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广播Event announcements :
Shanghai copper industry in China in November by boosting the profit surge
Time: 27 December 2016 Source: 默认部门

  Fundamental analysis:

    
December 27 (Tuesday) announced the news: the overnight repurchase interest rate on the Shanghai Stock Exchange ascribed to 33%, the bond market decline to expand. China's National Bureau of Statistics data show that industrial enterprises in November to achieve year-on-year profits, the cumulative year-on-year accelerated, boosting market sentiment. Affected by this combination of factors, Shanghai copper main contract 1702 late to close at 44,600 yuan / ton, compared with the previous trading day up 0.88%.


    
Spot surface:
  
    
LME Christmas holiday closed. Domestically, the futures price factors, the Yangtze River spot price of copper copper water premium 230 yuan / ton, premium copper premium 150 yuan / ton.

    
8mm copper rod:

    
Compared with the previous trading day down 1.89%, showing a strong desire for the upstream shipments, the end of the day to close at 8,300 yuan / ton, Turnover more active.


    
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