Changjiang copper price short comment: The US index and US Treasuries remain strong to the bulls have scruples, overnight London copper closed down 0.25%; China's economic data poor market sentiment fell, July to maintain a low construction season and weak demand, is expected to see copper fall.
[Copper futures market] : The US index and US Treasury bonds remain strong so that bulls have concerns, market aversion repeatedly put pressure on copper prices, overnight London copper weak shock negative line closed, the latest closing price of 8359 US dollars/ton, closed down 21 US dollars, down 0.25%, turnover 6589 hands reduced 3655 hands, 256,253 hands increased 1045 hands. The low level of Shanghai copper fluctuated in the evening, and the latest closing price of the main month 2308 contract was 68010 yuan/ton, down 180 yuan, or 0.26%.
On the London Metal Exchange (LME), the latest inventory of London Copper on July 4 was 66,775 metric tons, down 2,925 metric tons, or 4.20%, from the previous trading day.
Changjiang Copper network news: Shanghai copper opened low in the morning today, and the latest opening price of the main month 2308 contract was 68010 yuan/ton, down 180 yuan. China's economic data poor market sentiment fall, the fundamental support of limited need to beware of African copper inflows, superimposed in July to maintain the construction off-season and demand is weak, the accumulation pressure or will rise, coupled with the downstream single consumption of the current price does not agree, copper prices are in the downward test of downstream demand to receive goods will stage, is expected to fall copper today.
