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May 30 London Copper Afternoon Review

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

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London copper afternoon commentary: global stock markets rebounded higher, the next week London copper closed up 1.
1%; Domestic continued to implement loose stimulus policies, domestic and foreign inventories continued to decline, downstream consumption recovery, copper prices were supported, and copper is expected to rise
today.

London copper

Global stock markets rebounded higher, demand prospects improved, the next week London copper volatility higher, the latest closing quotation of 9490 US dollars / ton, closed up 103 US dollars, or 0.
11%, the volume of 8988 lots decreased 1646 lots, the position 244235 increased by 1521 lots
.
On Friday evening, the Shanghai copper shock was strong, and the latest closing price of the main monthly 2207 contract was 72040 yuan / ton, up 260 yuan, or 0.
36%.

The London Metal Exchange (LME) reported 156175 tonnes of London copper on May 27, down 6,250 tonnes, or 3.
85%,
from the previous session.

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