[Sitong Cable Network News] On Tuesday, the Shanghai copper morning market opened 1810 contracts at 48,770 yuan / ton, early long exit, a large number of short positions, copper prices quickly fell to a low of 48,410 yuan / ton. In the second trading period, part of the short profits were closed, copper prices climbed slowly, continued to rise back to 48700 yuan / ton line in the afternoon, continued to be blocked up, part of the short long exit, copper price rebate part of the increase, but 48580 yuan / ton line to buy support, copper prices rose slightly to close at 48650 yuan / ton, down 100 yuan / ton.

Outside, Lun copper opened at $6101.5 per ton, short reduction at the beginning of the day, copper prices slightly rose to $611.3 per ton, but above $6100 unable to stand firm, shock back to the intraday low of $6057.5 per ton to be supported and stabilized. Late in the afternoon, copper prices narrowly shook at $6,070 a tonne line, into the European period, the dollar weakened again, a large number of short positions continued to reduce, copper prices plunged straight up to $6,160 a tonne. As of 17:30, Lun copper reported 6148 U.S. dollars / ton, up 76 U.S. dollars, or 1.25%.

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