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March 25 London Afternoon Review

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

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rhodium spot price

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London copper afternoon commentary: the dollar index is higher, and London copper closed down 1.
1% overnight; Recently, US hawks have put pressure on copper prices, the trading atmosphere in the domestic spot market is cold, and some traders choose to leave the market to wait and see.

London copper

The dollar index rose, strong economic data supported the Fed's expectations of a sharp interest rate hike, overnight London copper high retreated, the latest closing quotation of 10310 US dollars / ton, closed down 115 US dollars, down 1.
1%, the volume of 10985 lots increased 972 lots, the position 244656 increased 4526 lots
.
In the evening, Shanghai copper short-term rushed back down, the latest closing price of the main month 2205 contract was 73410 yuan / ton, down 230 yuan, or 0.
31%.

The London Metal Exchange (LME) reported 80,675 metric tons of London copper on March 24, an increase of 700 metric tons, or 0.
88%,
from the previous trading day.

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