Analysts see more copper prices volatile next week, pay attention to trade data
After the short holiday, although the US dollar index rebounded to suppress commodities, the Shanghai copper futures market remained stable this week under the support of the peak season effect, maintaining a narrow range of fluctuations. The total holdings of Shanghai copper futures remained at a record high level of more than 800,000, and the long and short positions were still in a stalemate without obvious direction signals. How will Shanghai copper futures go next week?
The results of SMM's survey of special analysts showed that: 8 people are bullish (+-1%), 5 are bullish, 3 are falling (+-1%), 1 is bearish