Worries about the continued impact of the overseas epidemic on the economy led to a consolidation of the copper price after a drop of 1,000 yuan. The delivery of SHFE copper futures for the month on Friday was lower than that of the current month, which was about 200 yuan, bringing some pressure to the monthly price. However, the current situation of imported recycled copper is still not optimistic. A good market and a small circulation of goods continue to play a positive role in electricity copper consumption. It is expected that the short-term copper price will remain strong despite pressure under the epidemic.
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