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London copper afternoon comment: the domestic central bank cut the reserve requirement is good for metals, Shanghai copper Friday night shock closed up 0.
44%, poor logistics led to a decline in social inventory, some copper enterprises maintenance or shutdown, market supply and demand are weak, copper or rising
today.
On Friday and Monday, the LME market remained closed without a market
.
The domestic central bank lowered the RRR to benefit metals, and the follow-up countries will introduce more stimulus policies to support the economy, and the Shanghai copper short-term rushed higher on Friday night, and the latest closing price of the main monthly 2205 contract was 74880 yuan / ton, up 330 yuan, or 0.
44%.
London Metal Exchange (LME) on April 15, London copper's latest position reported 268811 increase of 2559 lots
.