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During last night's European session, London copper continued to maintain a rapid high, entering the US market, London copper high was blocked by 5956 US dollars / ton, but then due to the gradual return of market sentiment, copper prices began to fall, after touching a low of 5879 US dollars / ton at the end of the session, copper prices performed the integer mark short selling, copper prices maintained stability at 5880 US dollars / ton, closing at 5891 US dollars / ton
.
It rose 0.
24% during the day, with a volume of 18,959 lots and a decrease of 2,936 lots to 302,000 lots
.
Last night's API report showed that the United States crude oil inventories increased sharply last week, after the data was released, U.
S.
oil fell and is now trading around $53, and the three major US stock indexes closed slightly lower, market sentiment returned to rationality, and copper price performance was blocked
.
At present, the market is affected by trade conflicts, and investors are more sentimental about seeking safe-haven assets such as the US dollar and gold, so copper prices have insufficient momentum for high performance
.
The Sino-US trade dispute has no signs of easing in the short term, and overnight London copper rushed back down, but supported by a slight decline in the US dollar, it closed slightly higher at the end of the day, the latest closing quotation of 5891 US dollars / ton, up 14 US dollars, or 0.
24%, the trading volume of 18942 lots increased by 7708 lots, and the position 302068 decreased by 2936 lots
.
