Year-end consumption is more optimistic 07 now copper or rise

Stocks rose to record highs to boost the market, the next week Len copper rebounded to close up $99, good news to boost overseas economic recovery expectations, China's end-of-year consumption is more optimistic, copper is rising today.

Copper Futures Market: U.S. more stimulus measures are expected to heat up, U.S. stocks to a record high to boost the market, the next week's copper high run, the latest closing price of $7,758 / ton, up $99, up 1.30%, volume of 15004 hands reduced by 850, the volume of 311383 hands increased by 2170. On Friday night, Shanghai copper opened high, with the latest closing price of the main monthly 2101 contract at 57,460 yuan per ton, up 280 yuan, or 0.49 percent.

On December 4th the London Metal Exchange's latest copper inventory was 149,675 tonnes, up 350 tonnes, or 0.23 per cent, from the previous session.

Changjiang Copper Network: Copper stocks in the previous period increased by 4,871 tons to 97,783 tons last week, ending a series of declines. Good news for vaccines has been snring, and fears of an outbreak have been reduced, boosting expectations of an overseas economic recovery. Copper refined ore processing fees remain low, China's end-of-year consumption is more optimistic, the automotive industry continued to be strong, today's spot copper prices are expected to rise.