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April 16 London Copper Afternoon Review

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

Tags

number 2 copper

copper heavy metal

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U.
S.
economic data to boost the market, overnight London copper continued to close strongly up more than 2.
5%, copper mine supply is at risk of disruption, copper consumption this year may significantly exceed expectations, copper materials today soared
.

London copper

U.
S.
retail sales recorded the largest increase in 10 months in March, economic data boosted market sentiment, overnight London copper continued to be strong, the latest closing quotation of $9310 / ton, up $230, or 2.
53%, volume of 23778 lots increased 8207 lots, position 314774 lots increased 5606 lots
.

In terms of inventories, the London Metal Exchange (LME) reported 169475 tonnes of London copper on April 15, down 2,550 tonnes, or 1.
48%,
from the previous trading day.

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