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March 4 London Copper Afternoon Review

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

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The US small non-farm payrolls data was less than expected, the trend of copper fell more than 1.
7% overnight, copper concentrate supply is gradually returning to normal, short-term downstream consumption is suppressed, and copper is falling
today.

London copper

The US February small non-farm payrolls data was less than expected, ADP only increased by 117,000 people, overnight London copper trend weak, the latest closing quotation of 9118 US dollars / ton, down 158 US dollars, or 1.
71%, the volume of 15852 lots decreased 9377 lots, the position 330618 lot decreased 821 lots
.

In terms of stocks, the London Metal Exchange (LME) reported 74,100 tonnes of London copper on March 3, an increase of 400 tonnes, or 0.
54%,
from the previous trading day.

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