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London copper afternoon commentary: the dollar rebounded, overnight London copper closed down $78 to a two-week low; The mutant virus spread overseas, the sentiment of the commodity market was empty, and the domestic market was still at a high level after trading contracted and holdings declined, and copper is expected to fall
today.
The dollar rebounded, as the first case of omicron was found in the United States, shocking the market, overnight London copper fluctuated downward, the latest closing quotation of 9373 US dollars / ton, closed down 78 US dollars, down 0.
83%, the volume of 14973 hands decreased 2442 lots, the position 253553 decreased 8272 lots
.
In the evening, Shanghai copper was weak and volatile, and the latest closing price of the main monthly 2201 contract was 69100 yuan / ton, down 410 yuan, or 0.
59%.
The London Metal Exchange (LME) reported its latest stock of London copper at 78,625 metric tons on December 1, an increase of 2,175 metric tons, or 2.
84%,
from the previous trading day.
