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London copper afternoon commentary: overseas costs continue to rise, overnight London copper closed up 0.
52%; The quarterly decline in production in many copper mines has triggered supply concerns, domestic copper inventories continue to destock, copper prices have been supported, and copper may rise
slightly today.
Overnight London copper fluctuated strongly, the latest closing quotation of 10298 US dollars / ton, closed up 53 US dollars, down 0.
52%, the volume of 11692 lots decreased 845 lots, the position 265124 lot decreased 406 lots
.
In the evening, Shanghai copper opened higher and higher, and the latest closing price of the main monthly 2205 contract was 74990 yuan / ton, up 520 yuan, or 0.
70%.
The London Metal Exchange (LME) reported its latest stock of London copper at 130,500 metric tons on April 21, an increase of 1,725 metric tons, or 1.
34%,
from the previous trading day.