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April 12 London Afternoon Review

 Last Update: 2022-12-21
 Source: Internet
 Author: User

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Inflation indicators exceeded expectations to push up U.
S.
Treasury yields, the next week London copper shock closed down $81, the traditional consumption season seems to be delayed, scrap copper has obvious advantages over refined copper substitution, copper is now down
today.

London copper

U.
S.
inflation indicators exceeded expectations to push up U.
S.
bond yields, the next week London copper fluctuated downward, the latest closing quotation of $8929 / ton, down $81, or 0.
89%, the volume of 8340 lots decreased by 2595 lots, and the position volume 303875 lots decreased by 3090 lots
.

In terms of inventories, the London Metal Exchange (LME) reported 163,100 tonnes of London copper on April 9, an increase of 6,025 tonnes, or 3.
84%,
from the previous trading day.

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