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London copper afternoon commentary: U.
S.
stocks hit a new high, overnight London copper rebounded to close up $12; The domestic demand side is weaker than the supply side, and downstream copper processing enterprises are suppressed, but copper inventories are still at a low level, and copper is expected to rise and fall limited
.
When the Fed announced its monetary policy decision, the profit margin of listed companies remained intact, making U.
S.
stocks record highs, and overnight London copper rebounded and rebounded, the latest closing quotation of 9514 US dollars / ton, closed up 12 US dollars, or 0.
13%, the trading volume of 11516 lots increased by 469 lots, and the position 263873 decreased by 1501 lots
.
In the evening, the Shanghai copper shock retreated, and the latest closing price of the main month 2112 contract was 69970 yuan / ton, down 10 yuan, or 0.
01%.
The London Metal Exchange (LME) reported 123925 metric tons of London copper on November 2, down 7,375 metric tons, or 5.
62%,
from the previous trading day.