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June 13 London Copper Afternoon Review

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

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copper transition metal

catalytic converter metal

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London copper afternoon commentary: weak oil prices weighed on the metal market, and London copper closed down 1.
81% the next week; The domestic epidemic has repeatedly caused market concerns, and downstream demand has improved but is still relatively weak and difficult to support copper prices.

London copper

Oil prices weakened to suppress the metal market, the next week London copper volatility weakened, the latest closing quotation of 9435 US dollars / ton, closed down 174 US dollars, down 1.
81%, the volume of 12511 lots increased 2438 lots, the position of 234845 increased 95 lots
.
Shanghai copper opened low on Friday night, and the latest closing price of the main monthly 2207 contract was 72040 yuan / ton, down 490 yuan, or 0.
68%.

The London Metal Exchange (LME) reported its latest stock of London copper at 117,750 metric tons on June 10, down 425 metric tons, or 0.
36%,
from the previous trading day.

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