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January 15 London Copper noon review

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

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The prospect of extended economic stimulus in the United States boosted the market, with London copper closing up $113 overnight, with record copper imports for all of last year and rising demand in construction and manufacturing, and copper is now up
today.

London copper

The prospect of expanding the stimulus package in the United States boosted market sentiment, and copper fluctuated higher overnight, with the latest closing quotation of $8084 / ton, up $113, or 1.
42%, with a volume of 12,737 lots and an increase of 972 lots and a 441 lots 307644 open positions
.

In terms of inventories, the London Metal Exchange (LME) reported 101,250 tonnes of London copper on January 14, down 1,300 tonnes, or 1.
27%,
from the previous trading day.

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