 Home > Chemicals Industry > New Chemical Materials > May 18 London Copper Afternoon Review

May 18 London Copper Afternoon Review

 Last Update: 2022-12-25
 Source: Internet
 Author: User

Tags

volume 50

main metal

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

London copper afternoon commentary: the dollar continued to fall to a new low in more than a week, and London copper closed up 0.
5% overnight; China continues to promote the construction of new infrastructure, smelters have resumed production steadily, demand recovery is expected to increase, and copper may rise
slightly today.

London copper

The US dollar continued to fall to a new low in more than a week, mainly because the rise in market risk appetite weakened the attractiveness of the US dollar, overnight London copper volatility was strong, the latest closing quotation of 9336 US dollars / ton, closed up 46 US dollars, or 0.
50%, the volume of 11790 lots increased by 1482 lots, and the position 246257 lots decreased by 4193 lots
.
In the evening, Shanghai copper jumped high, and the latest closing price of the main monthly 2206 contract was 71800 yuan / ton, up 160 yuan, or 0.
22%.

The London Metal Exchange (LME) reported 176575 tonnes of London copper on May 17, up 25 tonnes, or 0.
01%,
from the previous session.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

9,10-Diphenylanthrac

CAS No.: 1499-10-1

$1-1.2/MT FOB

High Quality Polar Solvent 99.99% Ethylene carbonate/Ethylencarbonat/ EC CAS 96-49-1

CAS No.: 96-49-1

Pharmacy Grade

$1-1.2/MT FOB

High quality Fluorescent Brightener CBS-X 98% TOP1 supplier in China

CAS No.: 27344-41-8

Industrial Grade

$3/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.