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U.
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retail sales data fell less than expected to dampen optimism, overnight London copper shock closed down $20, copper mine supply is still gradually recovering, China's refined copper production continues to grow, copper is now down
today.
The US retail sales data for October was less than expected, suppressing market optimism, overnight London copper fluctuated downward, the latest closing quotation of 7075 US dollars / ton, down 20 yuan, down 0.
29%, the volume of 14650 lots decreased 15393 lots, the position 305972 lots decreased 741 lots
.
In terms of inventories, the London Metal Exchange (LME) reported 161,700 tonnes of London copper on November 17, down 1,325 tonnes, or 0.
81%,
from the previous trading day.