As China is a big copper country, its domestic supply of recycled copper continues to be tight and the stock of electric copper in stock continues to fall, the copper price has stabilized after falling about 1,000 yuan. SHFE copper futures Friday delivery cycle funds are mostly on the wait-and-see mentality and are waiting for the news of next week's NPC and CPPCC sessions, while recycled copper is again slightly premium due to the fall in price. Judging from the current situation, it is the consensus of the market that foreign epidemics affect the economy, and the gradual resumption of deregulation in some countries is also conducive to the development of the market. It is expected that the subsequent copper market will continue to consolidate and wait around 200 US dollars under the influence of the long and short supply.
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