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Copper Tube Information

Company dynamics

brass and tube supply

author:MF manufacturerstime:2022-03-11 23:12:36

(brass and tube supply)Spot:according toSMMnews,Yesterday is the step in7first day of the month,Trading returns,In addition, the overall supply of the market is tight,Market quotations rebounded sharply。Pingshui copper began to report at premium in the morning market80Yuan/After the ton, the market buying shows a wait-and-see trend,Some stockholders quickly adjusted prices to premiums60-70Yuan/after tons,Due to wide fluctuations in the basis for each month,A large number of traders enter the market,Concessions and Discounts60Yuan/warmer after t,Late market has been hard to find60-70Yuan/tons of supply,Some stockholders even adjusted the price to premium90Yuan/Ton wants to lead the market direction。Fine copper and wet copper fluctuate within a narrow range,Good copper is basically reported in premium water80-100Yuan/Ton,Only a small amount of Guixi Copper was heard in late trading110Yuan/tons of supply,But the disk is still high,Market favor is limited,The market smells bad and a large number of actual transactions。Wet-laid copper isBIRLA,UMMCUnder the guidance of the brand, the overall report to premium30-50Yuan/between tons,Under the circumstance that the downstream overall buying is not prosperous,Basically maintain just need to buy。

brass and tube supply

brass and tube supply

View:yesterday,United States to6moon26Initial jobless claims record for the week36.410,000 people,Continue to brush last year3moon14New low for the week,This makes the US dollar index still maintain a relatively strong pattern。However, due to the fundamental changes are still limited,Therefore, copper prices are basically still in a volatile pattern.。The current situation is,The traditional peak season may gradually pass,However, some of the pent-up demand due to previously high prices may also be delayed.,If the price drops significantly,then the demand will appear。However, due to the current strength of the US dollar and the slowdown in destocking,There is also pressure above copper prices,Therefore, in such a situation,The probability of copper prices to maintain a volatile pattern is relatively high。

brass and tube supply

medium to long term,macro aspect,Global central banks will continue to maintain the current ultra-loose monetary and fiscal policies in the short term,Although this interest rate meeting,Dollar moves strongly,But to a large extent it is also an overdraft for future economic growth.。Fundamentals,CurrentlyTCPrices continue to rise,In addition, the rumors of domestic dumping of reserves have landed,Therefore, the supply side has a more negative impact on copper prices,On the demand side,China's current control of the new crown epidemic is still very successful,And the new energy and new infrastructure sector will continue to drive copper demand,However, due to the current market disruption of the Fed's rumored reserve dumping and the impact of possible tightening of central bank liquidity around the world,So overall,remain relatively neutral。

brass and tube supply

Strategy:The main contract of Shanghai copper has been fluctuating in the near future,day lineMACDunderwater golden fork,Step back below to continue to pay attention66500nearby supports,step back66500-66700You can start to lay out multiple orders in batches,stop loss66000,Target70000-75000.

focus point: Fed's monetary policy orientation 2.Dollar Index Trend 3. 2Whether quarterly demand can meet expectations 4.Policy risks intensify

brass and tube supply

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