市场情绪转弱 沪铜承压运行【2月13日SHFE市场收盘评论】

Core Viewpoint - The copper market is experiencing downward pressure, with the Shanghai copper futures closing down 2.24%, maintaining above the 100,000 yuan mark, amid a weak risk appetite globally [1] Group 1: Market Conditions - The global copper visible inventory continues to accumulate, putting pressure on copper prices [1] - The recent sell-off in U.S. tech stocks has negatively impacted overseas risk appetite, leading to a general decline in industrial commodities [1] - The upcoming U.S. inflation data is anticipated to influence market assessments of the Federal Reserve's monetary policy outlook [1] Group 2: Inventory and Supply - The Shanghai Futures Exchange (SHFE) copper warehouse receipts have been increasing, with expectations of a significant rise in weekly inventory [1] - Both LME and COMEX copper inventories have also been rising, contributing to the overall increase in global visible inventory [1] Group 3: Price Strategy and Outlook - According to Everbright Futures, copper price trends are currently correlated with overseas financial markets and precious metals, indicating reliance on financial attributes and market sentiment [1] - The overall outlook is viewed as a fluctuating but slightly bullish market, with a strategy suggested to buy on dips [1] - Due to the upcoming Spring Festival, which may bring geopolitical disturbances in overseas markets, a light position is recommended during the holiday [1]