Since the rapid rebound of 20 16, copper has been in the box shock. The future trend of copper is closely related to the economic development prospect of China. By 2020, the China market will push copper prices to soar by more than 30%.

In the second half of 20 17, the demand for copper in China will be moderately extended by 3%-4% due to the power grid upgrade and vehicle sales. The supply gap will push the copper network to climb to more than 6,000 USD/set, and it may reach the peak of 7,000 USD/set before the end of 20 17, and even exceed 8,000 USD/set before the end of 2020.

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Copper Market Strategy Weekly aims to provide a global overview and linkage between the international refined copper market and the domestic Shanghai copper market. Based on COMEX copper owned by Shang Zhi Research Institute, it is helpful for market participants to explore futures and options trading opportunities more effectively by deeply analyzing the weekly trends of the two copper markets and providing complete and objective trend analysis and prediction. The weekly copper market strategy report is written exclusively by the hedge research and investment team and released on time every Wednesday.

Logically speaking, from the traditional ratio of imported refined copper, there is still no clear price comparison direction. In the fourth quarter of China, with the continuous release of refined copper production capacity, the output increased month-on-month, and the import demand remained sluggish. In addition, the price has swung around the breakeven point, so there is limited room for growth.

Baidu encyclopedia-the formation of copper price

People's Network-Basic metal prices plummeted, and institutions are still optimistic about copper prices for a long time.