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December 18 London Copper noon review

 Last Update: 2022-12-20
 Source: Internet
 Author: User

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copper heavy metal

twisted metal 5

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Optimism about the U.
S.
bailout bill heats up, copper closed up 1.
6% overnight approaching an eight-year high, global copper inventories continue to decline, China's auto industry accelerates recovery, and copper is rising
today.

London copper

The optimism of the US new crown relief bill is heating up, and it is expected to pass smoothly before Friday, and the overnight London copper trend is strong, approaching an eight-year high, the latest closing quotation of 7939 US dollars / ton, up 125 US dollars, or 1.
60%, the volume of 13731 lots increased by 2504 lots, and the position 317951 lots decreased by 613 lots
.

In terms of inventories, the London Metal Exchange (LME) reported 127725 tonnes of London copper on December 17, down 5,400 tonnes, or 4.
06%,
from the previous trading day.

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