Last week, Chile's Collahuasi copper mine announced a cut of 30,000 tons / year, which is equivalent to 6% of the company's copper output last year. And Canon announced last month to close two African copper mines and reduce debt, which means that in the next 18 months, the international copper market supply will be reduced by 400,000 tons. China's policymakers should push ahead with structural reforms to make the world's second-largest economy stand on a more sustainable basis, even as China's economy grows, the International Monetary Fund (IMF) said on Tuesday. May further slow down to 6.3% in 2016. Its second-forecast cut in global economic growth during the year, citing weak commodity prices and a slowdown in China's economic growth, warned of the need to strengthen policies aimed at increasing demand. German Ministry of Economy data released on Wednesday, Germany's industrial production in August the biggest drop in a year, suggesting that Germany's third quarter economic momentum may have weakened. The German ministry said industrial production fell 1.2% in August from a month earlier, partly because of the higher number of summer days during August. The International Copper Study Group said it expects a 130,000-ton supply gap for the international copper market next year, compared with its previous estimate of 230,000 tonnes.

[Operating recommendations] Shanghai copper 1511 contract tiaokonggaokai early in the morning, the price shocks down, late to continue to fall back below the 60-day moving average, copper rebound weak, the trend is still bearish, short-term concern 39350 pressure to continue to sell short- Gap below the gap concerned about the support, the price will continue to bottom may be, but the short-term should not be excessive chasing empty, rebound short operation is appropriate. The timing of operation to grasp the firm signal to prevail, the details of the location disk timely guidance!

Real single analyst Xiao Shan morning exchange telephone 18615284619