However, after the financial crisis, China's international status has been greatly improved, and the domestic futures market has developed rapidly in recent years. The influence of domestic Shanghai copper futures on international metal copper pricing has also been greatly improved.

The following situations often appear in the market now:

1, LME copper is stronger than Shanghai copper (strong outside and weak inside); 2. The trend of Shanghai copper is stronger than the external market (strong inside and weak outside); 3. Domestic demand drives the rise of LME copper (mainly imported from London), which in turn affects the rise of Shanghai copper.

-

note:

1, China is a big importer of copper.

2. In the management and inventory of Shanghai Copper, we should not only look at the changes of LME copper inventory, but also pay attention to the changes of domestic copper inventory. With the development of information network, the trend of Shanghai Copper and its domestic fundamentals are still improving.