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London copper afternoon commentary: oil prices rose, overnight London copper closed slightly up 0.
09%; The global epidemic has repeatedly dragged down the pace of economic growth, the slow resumption of domestic downstream production after the holiday, and poor consumption dragged down the performance of copper prices, and copper is expected to rise
slightly today.
Oil prices rose, overnight London copper fluctuated downward, the end of the day under pressure to close the sun, the latest closing quotation of 9884 US dollars / ton, closed up 9 US dollars, or 0.
09%, the volume of 13038 lots increased by 5687 lots, the position volume of 251642 lots decreased by 3150 lots
.
In the evening, Shanghai copper opened weakly high, and the latest closing price of the main monthly 2204 contract was 71190 yuan / ton, up 30 yuan, or 0.
04%.
The London Metal Exchange (LME) reported its latest stock of London copper at 74,475 metric tons on February 22, an increase of 100 metric tons, or 0.
13%,
from the previous trading day.