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Market wire in Nanhai metal scraps market in the morning
2020-1-22

Jan 22 (LTIT) –Domestic futures trading on the last day before the festival, under the pressure of domestic labor conditions and the departure of capital risks before the festival, the copper price continued to fall slightly, i.e. the monthly copper price fell back to about 48300. From mid-month to date, the 49450 on January 15 has fallen back by more than 1000 yuan, releasing some risks before the festival. According to the current situation, although domestic measures continue to support economic development, the pause in holiday spending and the impact of domestic servitude have mostly left funds on the sidelines and looked at the situation after the year. Under the premise of the current downward price, there is still a greater chance of a successful start to the year.

 

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