Shanghai copper rallied more bullish Shanghai aluminum patience to wait to do more last night, LME March copper continued to rise slightly, but the price intraday trend of caution, shocks closed higher, turnover remained at the general level of more than 50,000 hands. However, the price did not stand on the 60-day moving average and caused the market's mentality to change, causing Shanghai Copper to be affected by profit-taking technical selling. On July 2 (Friday), the Shanghai Futures Exchange (SHFE) copper gap opened higher. After that, the price fell quickly and the market quickly dipped. The trading volume and open interest in the trading volume decreased slightly. Copper main cu0410 opened higher at 25,770 yuan, followed by a rapid drop in prices, and quickly dipped late at 25,430 yuan, down 290 yuan; the spot monthly contract closed at 26,590 yuan, down 370 yuan. The market awaits the release of non-farm payrolls data from the United States to find clues as to how the Federal Reserve Board (FED) will "carefully and orderly" raise interest rates. The market is still focusing on the U.S. economy and looking for trend guidelines. Recommendations: 26,000 lbs pounds in the vicinity, 2600-27,000 first-line strategy to short. On July 2nd (Friday), led by the fall in Shanghai copper, Shanghai Aluminum opened lower and lower, and its price remained volatile at low levels throughout the day. Trading volume and positions in the session had shrunk. After the Shanghai Futures Exchange (SHFE) aluminum main contract 410 opened at a low of 15,800 yuan, the price remained at a low level and closed within a narrow range. The closing price closed at 15,700 yuan, down by 140 yuan; the spot monthly contract closed at 15,330 yuan, down 60 yuan. . Shanghai Aluminum has not yet arrived and has waited patiently.
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