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Overnight, London copper bottomed out, of which 3-month London copper rose slightly 0.
03% to 4917 US dollars / ton, up 1.
19% from the intraday low of 4859 US dollars / ton, Lun copper is still running above the main moving average group, the lower support is concerned with 4850 US dollars / ton
.
This week, Lun Copper's position increased and decreased, indicating that the long and short operation was more repeated
.
Industry information: Japan's June rolled copper production increased by 4.
9% year-on-year to 68,498 tons
.
Inventories: LME copper stocks were 213725 tonnes as of July 26, down 7,625 tonnes from yesterday and the lowest since July 5 this year, but higher than the average inventory of 190,000 tonnes
during the year.
Copper on the London Metal Exchange (LME) ended slightly higher, hitting a one-week low during the session, but investors were cautious
ahead of the Fed meeting as a weaker dollar turned around losses.
At 16:00 London time on July 26 (00:00 Beijing time on July 27), three-month copper rose 0.
6% to close at $4,930 a tonne, hitting a one-week low of $4,859 and down 0.
4%
on Monday.
