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Under the tight demand for recycled copper, the domestic copper fundamentals prefer.
2020-4-29

There are risks after the copper price rebounds continuously. Copper manufacturers' stock preparation operations in the days before May 1 were affected. Most of them purchased on demand. Instead, the profit-making mentality of the stock holders was obvious. At present, the domestic copper price performance has advantages. It is stable under the control of the epidemic situation and the recovery of various economic activities. Under the tight demand for recycled copper, the domestic copper fundamentals prefer. However, the global epidemic situation, the trend of oil price and worries about the economy are expected to exert some pressure on the copper price. The trend is generally upward with repeated caution.

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