SunSirs--China Commodity Data Group

Sign In

Join Now

Contact Us

Home > Copper EPS News > News Detail
Copper EPS News
SunSirs: Copper prices remained volatile due to weak supply and demand
April 07 2022 13:16:54()

As shown in the figure above, copper prices rose slightly on the 6th, with the spot price of 73981.67 RMB/ton, up 0.42% from the previous day, 5.79% from the beginning of the year and 10.2% year-on-year.

Last week, copper stocks in Shanghai fell, and the epidemic caused logistics obstruction and import and export dilemma. With the full closure of Shanghai and the impact of the epidemic overflow, the control of the surrounding main areas of copper processing has been tightened, and the output has decreased. There is a shortage of raw materials in the downstream, and the terminal demand has not improved. The domestic epidemic is still spreading, supply and demand are weak, and copper prices remain high and volatile in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

Exchange Rate:

8 Industries
Energy
Chemical
Rubber & Plastics
Textile
Non-ferrous Metals
Steel
Building Materials
Agricultural & Sideline Products