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December 23 London Copper Afternoon Review

 Last Update: 2022-12-24
 Source: Internet
 Author: User

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London copper afternoon commentary: U.
S.
stocks continued to be strong, nonferrous metals collectively were shocked, overnight London copper further rose to close up $87; Domestic copper inventories are low, and the optimistic demand outlook has led to a recovery in market risk appetite, and copper is expected to rise
today.

London copper

U.
S.
stocks continued to be strong, nonferrous collective shock, overnight London copper further volatility higher, the latest closing quotation of 9642 US dollars / ton, closed up 87 US dollars, or 0.
91%, the volume of 10557 hands increased 567 lots, the position of 246830 hands increased 134 lots
.
In the evening, the trend of Shanghai copper was strong, and the latest closing price of the main monthly 2202 contract was 69920 yuan / ton, up 420 yuan, or 0.
60%.

The London Metal Exchange (LME) reported its latest stock of London copper at 89,400 metric tons on December 22, down 525 metric tons, or 0.
58%,
from the previous trading day.

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