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    Home > Chemicals Industry > New Chemical Materials > February 14 London Copper afternoon review

    February 14 London Copper afternoon review

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    London copper afternoon commentary: the Fed's interest rate hike expectations pushed the dollar to jump to an eight-week high, and London copper fell 3.
    46% the next week; Domestic copper concentrate supply is abundant, Shanghai copper stocks continue to rise, supply concerns eased, copper is expected to fall
    today.

    London copper

    The Fed's expectation of a rate hike pushed the dollar to jump to an eight-week high, and the next week London copper was weak and volatile, the latest closing quotation of $9830 / ton, closed down $352, down 3.
    46%, the volume of 22923 lots decreased by 4411 lots, and the position 259658 increased by 5658 lots
    .
    Shanghai copper ran weakly on Friday night, and the latest closing price of the main monthly 2203 contract was 70890 yuan / ton, down 1620 yuan, or 2.
    23%.

    The London Metal Exchange (LME) reported its latest stock of London copper at 74,100 metric tons on February 11, down 2,225 metric tons, or 2.
    92%,
    from the previous trading day.

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