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Copper prices are still relatively volatile in the near future
2020-4-2

Under the pressure of the U.S. leading breakthrough in the 200,000 upward global epidemic, the short-term profit of favorable funds from various countries to rescue the market before the market is digested has suppressed the decline of copper price. LME copper continues to fluctuate around 4,800 U.S. dollars, while SHFE copper futures are temporarily around 39,000, leaving little room for downward movement. Judging from the recent situation, the market is still very worried about the market affected by the epidemic. It is still difficult to predict when the global epidemic will reach its peak. Copper prices are still relatively volatile in the near future, but in the state of global market rescue, if there is no greater pressure, the downward space will narrow.

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