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Sixty percent cable enterprise look flat is copper prices

The recent trend of copper prices? Shanghai non-ferrous nets (SMM) recently on domestic 21 home electric wire electric cable enterprise survey results show that 60% of the cable enterprise look flat glue gun copper market outlook, 15% of the copper price is put, another 25% of enterprises that are difficult to judge.


At present, the enterprise is copper prices look flat copper price shocks to the idea that the interval to the agreement: WaiPan $7200-8000 tons, inside dish for 52000-58000 yuan/ton. Although recent days American and Chinese manufacturing data better off, to recent market have rallied to use, but the eurozone debt problem is still not solved the trouble, will become the largest copper city down factors. At the same time, near the Spring Festival, the market funds generally tight,glue stick copper futures daily turnover shrinking, display market operating the passion thick copper prices, in the years ago will still interval concussion.


About 15% of the cable enterprise bears is copper prices, because the current consumption is bad, and market funds, copper or trend down.


The remaining 25% of the enterprises that can't judge late copper price movements.

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