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January 6 London Copper Afternoon Review

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

Tags

volume copper

high activity

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The U.
S.
manufacturing industry expanded for seven consecutive months, overnight London copper closed up nearly 2.
5%, new energy vehicles and photovoltaic development will drive consumption, the current total exchange inventory is at a low level, copper is rising
today.

London copper

The ISM manufacturing industry in the United States hit a new high in more than two years in December, manufacturing activity expanded for seven consecutive months, and London copper continued to rise overnight, with the latest closing quotation of 8051 US dollars / ton, up 195 US dollars, or 2.
48%, the volume of 16428 hands decreased by 3357 lots, and the position 310236 increased by 2365 lots
.

In terms of inventories, the London Metal Exchange (LME) reported 105425 tonnes of London copper on January 5, down 375 tonnes, or 0.
35%,
from the previous trading day.

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