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December 8 London Afternoon Review

 Last Update: 2022-12-23
 Source: Internet
 Author: User

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London copper afternoon commentary: the dollar index rose, overnight London copper closed down $26; The market continues to ease the variant strain, global copper stocks are still low, supply disturbances may increase, copper prices are compared with the decline, copper is expected to rise
slightly today.

London copper

The dollar index rose, overnight London copper high retreated, the latest closing quotation of 9550 US dollars / ton, closed down 26 US dollars, down 0.
28%, the volume of 14113 lots increased 5205 lots, the position 260168 increased by 1899 lots
.
In the evening, Shanghai copper ran strongly, and the latest closing price of the main monthly 2201 contract was 69860 yuan / ton, up 340 yuan, or 0.
49%.

The London Metal Exchange (LME) reported its latest stock of London copper at 74,225 metric tons on December 7, down 3,650 metric tons, or 4.
69%,
from the previous trading day.

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