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On Thursday, London copper opened at 4692.
5 US dollars / ton, during the Asian session, affected by the rise in crude oil, London copper rose in a step to 4770 US dollars / ton, and then fell back to the high; Entering the European session, London copper was weak and unchanged, down to 4720 US dollars / ton after the shock stabilized, as of 16:40, London copper reported 4736.
5 US dollars / ton, up 0.
92%.
Labor Department data released on Thursday evening showed that U.
S.
jobless claims rose to their highest level in more than a year last week, rekindling investors' concerns about the U.
S
.
job market, and then len copper came under pressure, and London copper's latest closing price was $4622, down 1.
5%, hitting a nearly two-and-a-half-month low.
Industry: Chilean mineral copper rose 31% year-on-year in March, as copper production from concentrate and wet copper smelting both increased, but Chilean mineral copper fell 3% year-on-year to 1.
39 million mt
in the first quarter of this year.
Stocks: LME copper stocks were 160,000 tonnes as of May 12, down 1,625 tonnes from yesterday, the first decline in eight trading days and still close to a new high
in nearly two months.
