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February 21 London Copper afternoon review

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

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London copper afternoon commentary: China's steady growth to boost commodity prices, the next week London copper closed up $32; Peruvian copper mine road unlocked, copper supply tight expectations have eased, downstream on-demand procurement, is expected to see a slight decline in copper
.

London copper

China's steady growth to boost commodity prices, the next week London copper strong volatility, the latest closing quotation of 9955 US dollars / ton, closed up 32 US dollars, or 0.
33%, the volume of 10832 lots decreased 603 lots, the position volume 254734 hands decreased 483 lots
.
Shanghai copper volatility was weak on Friday night, and the latest closing price of the main monthly 2203 contract was 71400 yuan / ton, down 110 yuan, or 0.
15%.

The London Metal Exchange (LME) reported its latest stock of London copper at 74,075 metric tons on February 18, down 200 metric tons, or 0.
27%,
from the previous trading day.

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