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London copper afternoon commentary: oil prices continued to be weak, the next week London copper closed down $32; The overall disturbance of overseas mine supply is limited, domestic economic data continues to fall, and the market off-season rebound is insufficient, and copper is expected to fall
slightly today.
Oil prices continue to be weak, the surge in cases of variant strains in various countries, making the market worried about the Omicron strain affecting market demand, oil prices under pressure, the next week London copper weak shock, the latest closing quotation of 9446 US dollars / ton, closed down 32 US dollars, down 0.
33%, the volume of 8070 hands decreased 8133 lots, the position of 249700 hands decreased 2944 lots
.
On Friday evening, Shanghai copper opened high and fluctuated downward, and the latest closing price of the main monthly 2201 contract was 68950 yuan / ton, down 200 yuan, or 0.
29%.
The London Metal Exchange (LME) reported 89,150 metric tons of London copper on December 17, down 325 metric tons, or 0.
36%,
from the previous trading day.
