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April 13 London Copper Afternoon Review

 Last Update: 2022-12-24
 Source: Internet
 Author: User

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London copper afternoon comment: The inflation explosion in the United States in March continued to hit a 40-year high, and London copper closed up 1.
43% overnight; Copper is expected to rise
today as energy and electricity costs remain high in Europe, supported by lower supply and favorable demand.

London copper

The latest closing quotation of 10,303 US dollars / ton, closing up 145 US dollars, or 1.
43%, the trading volume of 10,352 lots decreased by 5,033 lots, and the position 264929 decreased by 546 lots
.
In the evening, Shanghai copper opened higher, and the latest closing price of the main monthly 2205 contract was 73810 yuan / ton, up 580 yuan, or 0.
79%.

The London Metal Exchange (LME) reported its latest stock of London copper at 104,350 metric tons on April 12, down 1,250 metric tons, or 1.
18%,
from the previous trading day.

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