pongarcade| Yangtze River Nonferrous Metals: Domestic industrial production rebounded to improve, boosting consumer confidence, copper may rise on the 29th

Changjiang copper price copperPongarcade.ccmn.cn essay: the stock market crude oil rose strongly, and copper closed up 0.61% every other week. The shortage of overseas supply continued to strengthen the fund, and domestic industrial production rebounded to boost consumer confidence. Copper is expected to rise today.

[copper futures market] the stock market crude oil rose strongly, boosting the overall commodity market atmosphere. Lun Copper rose strongly every other week, and the positive line continued in late trading. The latest closing price was US $9960 / ton, up US $60, or 0.61%. The trading volume of 26587 lots decreased by 2040 lots, and the position of 336706 lots increased by 4379 lots. On Friday night, after the Shanghai copper high opened lower, it rebounded and closed strongly in late trading. The latest closing price of the main monthly 2406 contract was 80580 yuan / ton, up 180 yuan, or 0.22%.

London Metal Exchange (LME) London copper stocks on April 26th were 118550 metric tons, down 1850 metric tons, or 1.54%, from the previous trading day.

Changjiang Copper Network: Shanghai Copper opened higher today, with the latest opening price of the main monthly 2406 contract at 80660 yuan / ton at 09:01, up 260 yuan. The shortage of overseas supply continues to strengthen the fund. Last week, BHP Billiton proposed a $39 billion acquisition of Anglo American, but the offer was rejected by Anglo on Friday, saying the offer was grossly undervalued.PongarcadeThe value of the company. This incident makes the copper market attract more investors' attention. At the same time, domestic industrial production rebounded, further boosting market consumer confidence. Specific data show that in the first quarter, the total profits of industrial enterprises above the national scale reached 1.50553 trillion yuan, an increase of 4.3 percent over the same period last year, and operating income reached 30.96 trillion yuan, an increase of 2.3 percent over the same period last year. This shows that the profits of industrial enterprises are growing and their revenues are recovering steadily. Among them, the equipment manufacturing industry played a "ballast stone" role in profit growth, with profits rising 18.0% in the first quarter over the same period last year, 13.9 percentage points faster than the whole of last year. With the in-depth implementation of the policy of expanding domestic demand and promoting consumption, consumer demand continues to release. In the first quarter, the profits of the consumer goods manufacturing industry increased by 10.9% from a decline in the whole of the previous year to an increase of 10.9% over the same period last year, providing a strong support for the profit recovery of industrial enterprises. Combined with the above factors, it is expected that today's spot copper price will show an upward trend.

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