LME copper futures closed down 78 dollars to 94 18 dollars/ton, a decrease of 0.88%; LME Aluminum closed up $23 to $2,623/ton, an increase of 0.58%; LME zinc closed up 16 USD to 3 162 USD/ton; LME lead closed down 46 dollars to 22 10 dollars/ton; LME nickel futures closed up 77 dollars to 20030 dollars/ton; LME tin closed up $352 to $39,335/ton. The international copper night market closed up 0. 13%, and the latest offer was 6130,000 yuan/ton; Shanghai copper price closed down 0.04%, and the latest price was 69,200 yuan/ton; Shanghai aluminum closed up 0.90%, the latest price 18965 yuan/ton; Shanghai Zinc closed down 0.78%, Shanghai Composite Index closed down 1.9 1%, and Shanghai Nickel closed down 0. 1 1%.
Shanghai Tin closed down 0.08%.
Second, the recent spot map:
The average price of spot copper since 202 1 1 is 7 1268 yuan/ton, which is 237 yuan/ton lower than last week since11. Copper scrap 28-33 yuan/kg (current price) 202 1 year 165438+ 10. Average spot aluminum price since October 1906 1 yuan/ton, compared with 10 from last week. Waste aluminum 7.2-9.5 yuan/kg (current price) 202 1 year 1 1 month. Since then, the average price of spot lead has been 15382 yuan/ton, which is 10 yuan/ton higher than that from June to last week, making it the metal with the least price fluctuation. The average price of spot zinc since 202 1 1 1 is 23,792 yuan/ton, which is 11yuan/ton higher than that since last week. The average spot price of nickel since 20211:147675 yuan/ton has increased by 459 yuan/ton compared with last week. The average spot price of tin is 20211:293,550 yuan/ton, up by 570 yuan/ton from last week.
Three. Copper inventory:
LME market unit: ton update: February 3, 65438+78350 tons, up 125 tons year-on-year.
COMEX market unit: short ton update: 65438+short ton 5867 1 on February 3rd, with an increase of 0 ton.
Weekly unit of inventory in Shanghai: tons updated: 65438+36 1 10 tons on February 3rd, with a decrease of 5752 tons, a significant decrease of 13.74%.
Spot copper prices in the Yangtze River fell for five consecutive days, the demand for waste copper in the downstream weakened, and the difference between refined scrap and waste copper narrowed. At present, the local refining scrap (deduction) is about 1200 yuan/ton, which continues to decline, resulting in inactive trading, and the downstream mainly consumes inventory and purchases a small amount. London Metal Exchange (LME): aluminum stocks decreased by 6,775 tons, copper stocks increased by 125 tons to 78,350 tons, nickel stocks decreased by 1050 tons, lead stocks decreased by 575 tons, tin stocks increased by 75 tons, and zinc stocks decreased by 1775 tons. At present, the LME inventory is less than 80,000 tons. On February 3rd, the inventory in Shanghai was 1 10 tons, a year-on-year decrease of 5,752 tons, a significant decrease of 13.74%. It is reported that low inventory supports copper prices, uncertain demand causes price pressure, and US non-agricultural trade is better than expected. It is estimated that the copper price of the main contract will remain unchanged at around 69,500 yuan/ton, and the copper price may fluctuate within the range of 69,000-73,000 yuan/ton. It is expected that the copper price will drop by about 300 yuan/ton on Monday.