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December 26 London Copper Afternoon Review

 Last Update: 2023-02-02
 Source: Internet
 Author: User

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London copper afternoon commentary: the weakening of the US dollar is good for commodity prices, and London copper closed up 1.
47% the next week; Overseas copper mine disturbances have aggravated supply concerns, domestic refined copper supplies have been restricted, spot premiums have continued to rise, and spot copper may rise
.

London copper

The weakening of the US dollar is good for commodity prices, market disgust is suppressed, the next week London copper ran strongly, the latest closing quotation of 8379 yuan / ton, closed up 121 US dollars, or 1.
47%, the volume of 8845 hands decreased 2305 lots, and the position 234835 decreased by 7 lots
.
On Friday night, the trend of Shanghai copper fluctuated, and the late volatility rose, and the latest closing price of the main monthly 2302 contract was 65690 yuan / ton, up 260 yuan, or 0.
40%.

The London Metal Exchange (LME) reported its latest stock of 81,475 metric tons of copper on December 23, an increase of 375 metric tons, or 0.
46%,
from the previous trading day.

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