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April 17 London Copper Afternoon Review

 Last Update: 2022-12-15
 Source: Internet
 Author: User

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Last night, the overall performance of London copper continued to do short-frequency wide oscillations around the daily average of 6490 US dollars / ton, the amplitude reached 26 US dollars / ton, during the period to a high of 6502.
5 US dollars / ton, short-term touch 6477 US dollars / ton, closed at 6491.
5 US dollars / ton
.

London copper

Last night's economic data was light, and copper prices performed range-bound
.
Today's focus is on China's upcoming first-quarter GDP data expected to be good, which is expected to guide copper prices to rush
up.
At present, domestic consumption is in the recovery stage, and the market is expected to tighten supply due to the centralized maintenance of domestic smelters, providing strong support
below copper prices.

The dollar rose above the 97 mark to limit the rise of metals, overnight London copper shock sorting, the latest closing quotation of 6492 US dollars / ton, up 2 US dollars, or 0.
02%, the volume of 10328 hands decreased 1015 lots, the position of 294810 hands increased 380 lots
.

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