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February 24 London Copper noon review

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

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London copper afternoon commentary: the US dollar index rose to suppress metal prices, overnight London copper closed down 0.
38%; Domestic consumption after the holiday is not good and the accumulation exceeds expectations, and the high copper price inhibits the enthusiasm of downstream consumption, and copper is expected to fall
today.

London copper

The US dollar index rose to suppress metal prices, overnight London copper volatility lower, the latest closing quotation of 9846 US dollars / ton, closed down 38 US dollars, down 0.
38%, the volume of 12373 lots decreased 665 lots, the position of 252032 lots increased by 390 lots
.
In the evening, Shanghai copper fluctuated downward, and the latest closing price of the main monthly 2204 contract was 70750 yuan / ton, down 590 yuan, or 0.
83%.

The London Metal Exchange (LME) reported 74,325 metric tons of London copper on February 23, down 150 metric tons, or 0.
20%,
from the previous trading day.

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