Yinhe ** Jinan Sales Department: December 5 Metal ** Daily Comment

Shanghai spot copper today reported at 58350-58700 yuan / ton, up 200 yuan / ton, premium 50-liter premium 200 yuan / ton. As copper stocks continue to be tight, and last week's global major central banks increased liquidity in the financial system, boosted copper prices to close higher on Friday and set a new one-week rally in five weeks, closing the threshold of US$8,000 per ton. Last week, copper prices rose by nearly 10%. In addition, the U.S. economic data showed that it is also good for copper prices.

The US employment data for November was positive and the number of people employed increased by 120,000, roughly in line with expectations. The September and October figures were also revised upwards, and the unemployment rate fell to 8.6%.

Today, the 1202 Shanghai copper contract opened sharply higher, and the market closed at 57960, 1202 contracts and the copper price stood firm at 54500. The domestic copper price pressure is 60000-61500. In operation, the price of copper will continue to fall slightly tomorrow, and more roundabouts will fall. The overall bargain-hunting strategy will remain unchanged. If the copper price regains its footing of 56,000 and 60,000, the upward opening of the copper price will open up, and more than a single firm hold! Concerned about the pressure! Or maintain the goal of 65,000!

Shanghai zinc main 1202 contract opened higher today, the end of the market closed at 15715, the idea is still standing more than 14500 single follow-up point of view. Pressure above 16,000. Operation, the price of zinc will continue to adjust tomorrow, callback to the 15500 first-line more than one single entry again, I personally have a lot of room for zinc prices, more than a single midline holding! In short, the idea of ​​keeping zinc prices at a lower price does not change! Zinc target 16500