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November 27 London Copper Afternoon Review

 Last Update: 2022-12-20
 Source: Internet
 Author: User

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Global economic recovery expectations strengthened, London copper closed up $86 overnight to a more than seven-year high, the development trend of the renewable energy industry is good, the current off-season consumption performance is still good, copper is now up
today.

London copper

The global economic recovery is expected to strengthen, the commodity market picked up, overnight London copper continued to rise, to a more than seven-year high, the latest closing quotation of 7412 US dollars / ton, up 86 yuan, or 1.
17%, the volume of 15539 lots increased by 1947 lots, and the position volume 311015 decreased by 1929 lots
.

In terms of inventories, the London Metal Exchange (LME) reported 152025 tonnes of London copper on November 26, down 1,150 tonnes, or 0.
75%,
from the previous trading day.

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