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March 14 London Afternoon Review

 Last Update: 2022-12-24
 Source: Internet
 Author: User

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London copper afternoon commentary: the dollar rebounded, the next week London copper shock weakened to close down 0.
29%; Chile's copper exports fell in February, the import window closed, and domestic inventories fell sharply, supporting copper prices in the short term, and copper may remain stable
today.

London copper

The dollar rebounded higher, rising again to the 99 mark, bearish non-ferrous metals, the next week London copper volatility weakened, the latest closing quotation of 10101 US dollars / ton, closed down 29 US dollars, down 0.
29%, the volume of 8388 lots decreased 964 lots, the position 254124 lots decreased 77 lots
.
Shanghai copper fluctuated strongly on Friday night, and the latest closing price of the main monthly 2204 contract was 72370 yuan / ton, up 240 yuan, or 0.
33%.

The London Metal Exchange (LME) reported its latest stock of London copper at 74,200 metric tons on March 11, an increase of 2,300 metric tons, or 3.
20%,
from the previous trading day.

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