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London copper afternoon commentary: the dollar rebound metal under pressure, overnight London copper closed down 2.
88%; Chile's Copper Committee lowered its copper price expectations, and the domestic Development and Reform Commission frequently spoke out that it will continue to invest reserves and ensure supply and price stability, and copper is expected to fall
today.
Data show that the unexpected increase in retail sales in the United States in August, boosting expectations of the Fed's size reduction, putting pressure on the dollar rebound metal, overnight London copper shock downward, the latest closing quotation of 9332 US dollars / ton, closed down 277 US dollars, down 2.
88%, the volume of 15708 lots increased 1901 lots, the position 258223 increased 809 lots
.
In the evening, the Shanghai copper low trend, the latest closing price of the main monthly 2110 contract was 69270 yuan / ton, down 940 yuan, or 1.
34%.
The London Metal Exchange (LME) reported 231,200 metric tons of London copper on September 16, down 2,800 metric tons, or 1.
20%,
from the previous trading day.
