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December 22 London Copper Afternoon Review

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

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London copper afternoon commentary: U.
S.
stocks rebounded to boost, London copper rose more than 1% overnight; Copper is expected to rise slightly today
, as the shutdown of the Peruvian mine disrupts copper concentrate supply, with low social inventories of copper and an optimistic long-term demand outlook.

London copper

U.
S.
stocks rebounded boosted, as the market's demand for risk assets heated up, overnight London copper ran strongly, the latest closing quotation of 9555 US dollars / ton, closed up 95 US dollars, or 1.
01%, the volume of 9990 lots increased by 3913 lots, and the position volume 246696 decreased by 2127 lots
.
In the evening, Shanghai copper ran at a high level, and the latest closing price of the main monthly 2202 contract was 69400 yuan / ton, up 400 yuan, or 0.
58%.

The London Metal Exchange (LME) reported its latest stock of London copper at 89,925 metric tons on December 21, an increase of 925 metric tons, or 1.
04%,
from the previous trading day.

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