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April 26 London Copper Afternoon Review

 Last Update: 2022-12-25
 Source: Internet
 Author: User

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London copper afternoon commentary: the surge in the US dollar weighed on dollar-denominated commodities, and London copper closed down 2.
31% overnight; Pessimism in the global financial market spread, and the operating rate of domestic downstream enterprises was less than expected, and copper may fall
further today.

London copper

The dollar soared to a two-year high, suppressing dollar-denominated commodities, overnight London copper volatility weakened, the latest closing quotation of 9837 US dollars / ton, closed down 232 US dollars, down 2.
31%, the volume of 21712 lots increased 6536 lots, the position of 261216 lots decreased 2951 lots
.
In the evening, Shanghai copper weakened, the latest closing price of the main month 2206 contract was 72720 yuan / ton, down 1320 yuan, or 1.
78%.

London Metal Exchange (LME) London copper latest stocks on April 23 137275 metric tons, down 500 metric tons, or 0.
36%,
from the previous session.

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