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July 4 London Copper Afternoon Review

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

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copper 2 sulfate

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London copper afternoon commentary: the dollar continued to strengthen, the next week London copper closed down 2.
22%; Chile's copper production in May rose month-on-month and African copper mine supply expectations strengthened, sufficient supply coupled with poor downstream consumption, copper is expected to fall
today.

London copper

The dollar continued to strengthen, helped by pessimistic expectations about the global economic outlook, boosted safe-haven demand, the next week London copper weak shock, the latest closing quotation of 8055 US dollars / ton, closed down 183 US dollars, down 2.
22%, the volume of 19710 lots increased by 5757 lots, the position volume 227751 lots decreased by 3977 lots
.
Shanghai copper opened low on Friday evening, and the latest closing price of the main monthly 2208 contract was 61460 yuan / ton, down 1130 yuan, or 1.
81%.

The London Metal Exchange (LME) reported its latest stock of London copper at 126,850 metric tons on July 1, an increase of 2,575 metric tons, or 2.
07%,
from the previous trading day.

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