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January 13 London Copper Afternoon Review

 Last Update: 2022-12-20
 Source: Internet
 Author: User

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metal copper

metals market today

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The negative news of the epidemic aggravated demand concerns, and London copper fell by nearly 3% overnight, and the inventory may begin to accumulate when the traditional off-season comes, while refined copper production has increased significantly, and copper materials continue to decline today
.

London copper

The market is looking forward to further large-scale fiscal stimulus measures in the United States, and the overnight London copper trend is strong, the latest closing quotation of 7999 US dollars / ton, up 153 US dollars, or 1.
95%, the volume of 15186 lots decreased by 4120 lots, and the position volume 309836 increased by 1131 lots
.

In terms of inventories, the London Metal Exchange (LME) reported 103,750 tonnes of London copper on January 12, down 1,200 tonnes, or 1.
14%,
from the previous trading day.

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