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September 5 London Copper Afternoon Review

 Last Update: 2022-12-25
 Source: Internet
 Author: User

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copper ingot price

2 3 butanedione

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Lun copper afternoon commentary: oil prices are higher, the next week London copper slightly up 0.
03%; Domestic copper smelting enterprises resumed production and supply rebounded, downstream demand is still weak, but low inventories give copper prices some support, and copper is expected to remain stable
today.

London copper

Oil prices are higher, still because of the expectation of production cuts, but the global economic weakness concerns still shrouded the market, the next week London copper rushed back down, late finishing, the latest closing quotation of 7552 US dollars / ton, slightly up 2 US dollars, up 0.
03%, the volume of 14878 hands decreased by 2280 lots, the position of 248040 hands increased by 6078 hands
.
Shanghai copper bottomed out on Friday night, and the nighttime shock weakened to close Xiaoyang, and the latest closing price of the main monthly 2210 contract was 59900 yuan / ton, up 60 yuan, or 0.
10%.

The London Metal Exchange (LME) reported 110,550 metric tons of London copper on September 02, down 3,775 metric tons, or 3.
30%,
from the previous trading day.

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