Electrolytic copper spot trading volume increased by 22.10% month-on-month

On March 18, according to Mysteel’s research on 56 domestic electrolytic copper trading companies (including smelters, traders, and downstream processing companies), the spot trading volume of electrolytic copper on that day was 35,400 metric tons, up 6,400 metric tons from the previous trading day, a 22.10% increase month-over-month. During the day, the copper price focus shifted downward. Downstream companies still made purchases at lower levels, and with the outflow of delivery warrants from warehouses and the inflow of imported copper arrivals, some holders increased their selling activity, and overall trading volume also improved. (My Steel Network)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin