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July 21 London Copper afternoon review

 Last Update: 2022-12-25
 Source: Internet
 Author: User

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London copper afternoon commentary: U.
S.
stocks continued to rise, overnight London copper closed up 0.
45%; Copper is expected to rise
today as copper production declined, U.
S.
corporate earnings were strong, domestic economic stability continued to support and loan rates unchanged in line with expectations.

London copper

U.
S.
stocks continued to rise, investors' risk appetite heated up, overnight London copper shock consolidation closed positive, the latest closing quotation of 7331 US dollars / ton, closed up 33 US dollars, or 0.
45%, the volume of 15892 lots increased 883 lots, the position 233836 lots decreased by 5250 lots
.
In the evening, Shanghai copper ran strongly, and the latest closing price of the main monthly 2208 contract was 56710 yuan / ton, up 350 yuan, or 0.
62%.

The London Metal Exchange (LME) reported 135575 tonnes of London copper on July 20, down 625 tonnes, or 0.
46%,
from the previous session.

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