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The euro area economy fell again, overnight London copper shock closed down $16, imported copper inflow improved the tight state of inventory, but copper concentrate processing fees TC remained low, and copper materials rose little today
.
The final value of IHS Markit composite PMI in the euro area in November recorded 45.
3, below the boom and bust line of 50 for three consecutive months, and copper fluctuated weakly overnight, the latest closing quotation of 7659 US dollars / ton, down 16 US dollars, or 0.
21%, the trading volume of 15854 hands decreased by 1428 lots, and the position 309213 decreased by 5250 lots
.
In terms of inventories, the London Metal Exchange (LME) reported 149325 tonnes of London copper on December 3, down 350 tonnes, or 0.
23%,
from the previous session.