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January 21 London Copper Afternoon Review

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

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The rise in European and American stock markets boosted market sentiment, and the overnight London copper shock closed up $48, and the global copper market was short of supply, but China's scrap copper imports increased sharply, and copper materials rose little today
.

London copper

The United States is expected to announce further stimulus measures to promote economic recovery, European and American stock markets rose to boost market sentiment, overnight London copper volatility higher, the latest closing quotation of 8042 US dollars / ton, up 48 US dollars, or 0.
59%, the volume of 11539 hands decreased 2389 lots, the position 310683 increased by 2316 lots
.

In terms of inventories, the London Metal Exchange (LME) reported 93,950 tonnes of London copper on January 20, down 2,375 tonnes, or 2.
47%,
from the previous trading day.

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