As shown in the figure above, copper prices fell slightly on the APR 11th, with the spot price of 73720 yuan / ton, down 0.1% from the previous day, up 5.42% from the beginning of the year and up 10.47% year-on-year.
POLYVINYL ALCOHOL |
Oil prices rose, and Lun copper rebounded the following week, closing up 0.43%. Some smelters have entered the centralized maintenance period, and the import window has been closed for a long time, and the import volume of refined copper will also be low. Affected by the epidemic in the downstream, logistics and transportation are blocked, and the operating rate of copper processing enterprises in some areas has decreased significantly. With the outbreak of domestic epidemic, Limited Logistics and transportation, poor downstream transactions and weak supply and demand, copper prices are expected to remain high and fluctuate.