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June 22 London Copper afternoon review

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

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London copper afternoon commentary: the stock market performance is eye-catching, overnight London copper closed up 0.
38%; Chile faces concerns about supply disruptions triggered by strikes, domestic downstream consumer demand continues to improve, and tight inventories are expected to lead to a rise
in copper today.

London copper

The US dollar index fell, the market generally rebounded, the stock market performed brightly, jumped more than 2% overnight London copper shock consolidation closed positive, the latest closing quotation of 8965 US dollars / ton, closed up 34 US dollars, or 0.
38%, the volume of 13431 lots increased by 66 lots, and the position volume of 227330 hands decreased by 2537 hands
.
In the evening, the Shanghai copper gap opened high, and the latest closing price of the main monthly 2207 contract was 68,600 yuan / ton, up 420 yuan, or 0.
62%.

The London Metal Exchange (LME) reported 115,150 metric tons of London copper on June 21, down 1,875 metric tons, or 1.
60%,
from the previous trading day.

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