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February 17 London Copper afternoon review

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

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mm 7 16

copper metal

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London copper afternoon commentary: oil prices continued to fall, overnight London copper shock closed down $19; The increase in internal and external copper inventories restricts copper prices to continue to rise, but there are still disturbances at the mine end and downstream consumption is gradually improving, and copper is expected to remain stable
today.

London copper

Oil prices continued to fall, overnight London copper shock retreated, the latest closing quotation of 9955 US dollars / ton, closed down 19 US dollars, down 0.
19%, the volume of 10132 hands decreased 312 lots, the position 256917 lots decreased 3420 lots
.
In the evening, the Shanghai copper fluctuated trend, and the latest closing price of the main monthly 2203 contract was 71560 yuan / ton, up 200 yuan, or 0.
28%.

The London Metal Exchange (LME) reported 75,275 metric tons of London copper on February 16, an increase of 5,150 metric tons, or 7.
34%,
from the previous trading day.

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