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March 16 London Copper Afternoon Review

 Last Update: 2022-12-21
 Source: Internet
 Author: User

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The strength of the US dollar and the decline in oil prices dragged down, overnight London copper shock closed down $16, China's economy maintained recovery growth, short-term downstream market consumption is still suppressed, today's copper is not much up or down
.

London copper

The strength of the dollar and the decline in oil prices dragged down, overnight London copper weak volatility, the latest closing quotation of 9117 US dollars / ton, down 16 US dollars, or 0.
18%, the volume of 10105 lots decreased 3286 lots, the position volume 317496 lots decreased 5424 lots
.

In terms of inventories, the London Metal Exchange (LME) reported 92,650 tonnes of London copper on March 15, down 800 tonnes, or 0.
86%,
from the previous trading day.

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