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London copper afternoon commentary: the dollar continued to strengthen to put pressure on nonferrous metals, overnight London copper high fell back to close down 0.
08%, global economic growth is less than expected, domestic spot fear of heights still exists, demand is still light, it is expected that copper will fall
today.
The US dollar continued to strengthen and put pressure on nonferrous metals, overnight London copper high retreated, the latest closing quotation of 10324 US dollars / ton, closed down 8 US dollars, down 0.
08%, the volume of 15940 hands increased 6063 lots, the position volume of 267378 lots decreased by 1433 lots
.
In the evening, Shanghai copper fluctuated at a low level, and the latest closing price of the main monthly 2205 contract was 74580 yuan / ton, down 580 yuan, or 0.
77%.
The London Metal Exchange (LME) reported 118825 metric tons of London copper on April 15, an increase of 8,150 metric tons, or 7.
36%,
from the previous trading day.