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The trend of copper is slightly more oscillating
2020-4-13

On the premise of the Easter holidays abroad and the introduction of favorable measures and the stimulation of bright data in China, the copper market saw a relatively large increase in the popularity of funds, i.e. monthly copper stabilized above 41,000 and tested 42,000, but the profit increase due to some capital risks narrowed. At present, the inflection point of the global epidemic has not yet come, which is still the greatest resistance to the sustained economic pressure and the metal market. Domestic orders have not been fully started, export orders have been blocked, etc. In addition, the ever-expanding epidemic data from the United States has become the focus of the near future. Therefore, funds are mostly operated cautiously and in a short term. On the other hand, the good news is that the domestic epidemic situation has been effectively controlled, but the restrictions on the import of recycled copper affected by the above factors are beneficial to the consumption of electric copper. A stable epidemic situation in China as a major copper user will be beneficial to the trend of the copper market. Considering the overall environmental conditions, the trend of copper is slightly more oscillating, but it will prevent profitable operations after accumulation of rebound space.

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