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    Home > Chemicals Industry > New Chemical Materials > October 28 London Copper Afternoon Review

    October 28 London Copper Afternoon Review

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    London copper afternoon commentary: the euro retreated, U.
    S.
    stocks weakened, and London copper closed down 0.
    19% overnight; China's continued implementation of economic stabilization policies is favorable to market risk sentiment, downstream enterprises just need to purchase began to recover, copper or rise
    .

    London copper

    The euro retreated, U.
    S.
    stocks weakened, the market risk appetite cooled, commodities continued to be under pressure in the short term, overnight London copper first rose and then suppressed, the end of the day was weak to close small black line, the latest closing quotation of 7755 US dollars / ton, closed down 15 US dollars, down 0.
    19%, the volume of 15522 hands decreased by 5696 lots, and the position volume of 237460 increased by 622 lots
    .
    In the evening, Shanghai copper was strongly volatile, and the latest closing price of the main monthly 2212 contract was 63870 yuan / ton, up 400 yuan, or 0.
    63%.

    The London Metal Exchange (LME) reported 125825 tonnes of London copper on October 27, down 4,975 tonnes, or 3.
    80%,
    from the previous session.

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