When will the price of copper scrap recover?

Updated on Financial 2024-02-26
14 answers
  1. Anonymous users2024-02-06

    Affected by the reversal of U.S. stocks and the rise in inventories exacerbated the market's concerns about demand, the London Metal Exchange (LME) copper futures bottomed out on the 12th, and finally closed at 6480 points, **85 points, a decline. In terms of inventories, LME copper inventories continued to rise, climbing 4,800 on Thursday to total inventories to 402,125, the highest level since late April, indicating that copper demand outside China has not yet recovered. Today, Shanghai copper opened slightly lower in early trading, and then ** slightly upward, and the market trading was more general.

    The main contract 1001 closed at 51020 points in the afternoon, up 40 points, an increase, trading at 50410 to 51060, the open interest fell by more than 6800 hands, and the trading volume continued to decline. In terms of spot, Yangtze River 1 electrolytic copper **50400-50500 yuan, **50 yuan; Shanghai 1 copper **50450-50670 yuan ton, **15 yuan ton; Guangdong Nanchu 1 electrolytic copper **50,500-50,700 yuan ton, **100 yuan ton. On the disk, the recent continuous rebound in inventories has increased the market's speculation about the lack of demand in the short-term copper market, which has put huge pressure on the trend of copper prices.

    At the same time, the recent trend of the US dollar stabilizing after bottoming out** has also weighed on copper prices. The decline in China's copper import data released a few days ago has intensified market speculation about a slowdown in China's copper demand in the fourth quarter, which is also not conducive to the strengthening of copper prices. Therefore, from the point of view, the upward trend of copper prices is weak, and there is support below, and it is expected to continue to maintain a high consolidation trend.

    Today, the domestic copper scrap market is stable, unchanged from the previous trading day. The market inventory has decreased, and the holders mostly hold the wait-and-see mentality of reluctance to sell, and the manufacturers still purchase a small amount on demand, and the merchants' mentality is acceptable. Due to the weather, the transaction was light.

    Latest**: No. 1 bright copper is about 46,800 yuan tons. Although the employment data in Europe and the United States do not show the slightest sign of improvement, but economic indicators such as manufacturing, industrial output and other economic indicators show that the economy has begun to recover, we believe that the economic recovery has no doubt, the macro environment will support copper prices for a long time, and the long-term weakening trend of the US dollar will not change, copper prices * * space is limited.

  2. Anonymous users2024-02-05

    During this time, the copper scrap is more oscillating, and the market outlook is still bullish, so you can stock up.

  3. Anonymous users2024-02-04

    It has already risen and will rise.

  4. Anonymous users2024-02-03

    Summary. Scrap copper ****** divided into plates, pipes, scraps, etc., generally about 12 pounds. The acquisition of copper scrap is determined according to the material of copper scrap, the acquisition of copper scrap copper is generally now 22 yuan a catty, and the acquisition of brass scrap copper is generally about 17 yuan a catty.

    Copper is one of the metals used by humans. Scrap copper ** should be determined according to what kind of copper it is, including brass, copper, copper scraps, and copper wire. Each type of copper is different, for example; Copper 46-kilogram, copper wire kilograms, brass is divided into several kinds (generally **28-34 yuan).

    Dear, hello, the price of scrap copper in 2022 is 22 yuan per catty.

    Scrap copper wire **** in 2022 is about 15-18 catties of brass, and 19-24 yuan a catty of copper.

    Expand for you: scrap copper, in fact, they are called copper, but the market is more traded in the rock line called purple copper, the copper content is about 80%, and brass is also traded more scrap metal varieties per mu, the general brass is 59 brass on Xun jujube is containing 59% pure copper.

    Scrap copper ****** divided into plates, pipe materials, leftovers, etc., and other models, generally 12 pounds left and right. The acquisition of copper scrap is determined according to the material of copper scrap, the acquisition of copper scrap copper is generally now 22 yuan a catty, and the acquisition of brass scrap copper is generally about 17 yuan a catty. Copper is one of the metals used by humans.

    Scrap copper**spring** should be determined according to which copper is in the dry mountain, there are brass, copper, copper chips, copper wire. Each type of copper is different, for example; Copper 46-kilogram, copper wire kilograms, brass is divided into several kinds (generally **28-34 yuan).

  5. Anonymous users2024-02-02

    Scrap copper is generally 40 yuan per kilogram, and copper is a little more expensive, about 42.43 yuan per kilogram.

  6. Anonymous users2024-02-01

    Product name material.

    **Interval. The unit goes up and down.

    Origin Grade.

    Release date. Remarks: Purple miscellaneous copper clean 39300-39500 yuan ton 100 Baoding, Hebei 2019-05-17 excluding tax.

    Bright copper wire pure strip 43600-43900 yuan ton 100 Baoding, Hebei 2019-05-17 excluding tax.

    Burning line 2 41600-41800 yuan ton 100 Baoding, Hebei 2019-05-17 Tax excluded.

    H62 brass trim H62 34400-34600 Yuan Ton 100 Baoding, Hebei 2019-05-17 Excl. tax.

    Brass water tank Conventional 28000-28200 Yuan Ton 100 Baoding, Hebei 2019-05-17 Tax not included.

    Scrap brass 30900-31100 yuan ton 100 Baoding, Hebei 2019-05-17 Tax excluded.

  7. Anonymous users2024-01-31

    Scrap copper ******, how much is a pound of scrap copper, the purchase of scrap copper is determined according to the material of scrap copper, the acquisition of copper scrap copper is generally 33 yuan a catty, and the acquisition of brass scrap copper is generally about 14 yuan a catty.

    The specifications of scrap copper are different, the regions are different, and the time is different, and there are some differences in the copper scrap. and other areas can be real-time**. Copper is one of the metals used by humans.

    As early as prehistoric times, people began to mine open-pit copper mines, and used the obtained copper to make **, utensils and other utensils, and the use of copper had a profound impact on the progress of early human civilization. In modern times, our lives are still inseparable from copper. Copper is widely used in electrical, light industry, machinery manufacturing, construction industry, national defense industry and other fields, second only to aluminum in the consumption of non-ferrous metal materials in China.

  8. Anonymous users2024-01-30

    How much is the latest scrap copper **** a catty? How much is scrap copper, copper, brass, No. 1 copper, bright copper, motor copper, copper plate, copper cutting, copper pipe, scrap copper cable, etc. This whole is about ****66,000 a ton, 33 a catty.

    Cable**, copper scrap**, transformer**.

  9. Anonymous users2024-01-29

    No. 2 copper 60550 yuan ton +200 Beijing area 92-93% copper scrap 64400 yuan ton +200 Beijing area copper 97% miscellaneous copper 40200 yuan ton 0 Beijing area imported broken brass 42700 yuan ton 0 Beijing area iron <4% bright copper wire 64900 yuan ton +200 Beijing area 1

  10. Anonymous users2024-01-28

    **Range up and down 1 copper tube 1 64900-65100 yuan ton-3001 bright copper wire 1) 64800-64800 yuan ton-3001 scrap copper 97% 65200-65200

  11. Anonymous users2024-01-27

    Scrap copper is divided into copper and brass. Copper in Guangzhou is about 23 yuan a catty, and brass is about 14 yuan a catty.

  12. Anonymous users2024-01-26

    Summary. Domestic copper scrap consumption accounts for about a quarter of copper consumption, therefore, copper scrap will still be.

    Will scrap copper rise again now?

    Hello, I am helping you to find out the best answers right away.

    Will copper scrap pick up?

    Scrap copper**will**.

    Today is ****, is it estimated that it will be **.

    Domestic copper scrap consumption accounts for about a quarter of copper consumption, therefore, copper scrap will still be.

    will rise. Estimate when there will be a pick-up.

    Will it rise to the ** around May Day, 70 a kilogram.

    The global copper market is facing its biggest shortage in a decade.

    70 yuan will not, 65 is about the same.

    Needless to say, it's 66 today, will it still rise?

    The temperature rises in small steps, but it doesn't change much.

  13. Anonymous users2024-01-25

    Summary. Hello dear! At present, the highest domestic copper scrap price is 60,000 yuan per ton.

    Hello dear! At present, the highest domestic copper scrap price is 60,000 yuan per ton.

  14. Anonymous users2024-01-24

    Summary. Hello, dear, taking Beijing as an example, 04/11 Beijing scrap copper **** query The latest Beijing scrap copper ****.

    Hello, dear, I have seen your question and am organizing the answer, please wait.

Related questions
7 answers2024-02-26

The comic book version of "Little Times.

Aoki Era" is said to be released in 09 Collector's Edition, February. On the 3rd, I pre-ordered another excellent order, and the "Little Times" of the eight-fold little four has always been on the "most**", and it was only **3 articles, where will the ending come out?!Well, he said that he would **5 years, believe it or not, it depends on the readers, I like Xiao Si Di very much, so I believe he will** go down >>>More

2 answers2024-02-26

Linux kernel (English: Linux kernel), used in UNIX-like operating systems, the operating system kernel of the Linux family, written in C language, conforms to the POSIX standard, released under the GNU General Public License, and is currently the most popular free computer operating system kernel. Linux was first developed by Finnish hacker Linus B >>>More

2 answers2024-02-26

Pinggu Feilong Film and Television Base. >>>More

6 answers2024-02-26

China Jinmao (Group) Co., Ltd. **** investment and construction, completed on March 18, 1999. >>>More

9 answers2024-02-26

How old are you? Let's do it down-to-earth. Save it slowly! There will always be.