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London copper afternoon commentary: The US recession still affects copper prices, and London copper closed down 1.
1% the next week; Domestic copper mine supply is relatively loose, copper production increased sharply in June, downstream consumption is weak pattern has not changed, and copper is expected to fall
today.
The U.
S.
recession still affects copper prices, the next week London copper low volatility operation, the latest closing quotation of 7774 US dollars / ton, closed down 86 US dollars, down 1.
10%, the volume of 13525 hands decreased 7933 lots, the position of 235130 hands decreased 59 lots
.
On Friday night, the Shanghai copper gap opened low, and the latest closing price of the main monthly 2208 contract was 59210 yuan / ton, down 480 yuan, or 0.
80%.
The London Metal Exchange (LME) reported its latest stocks of London copper on July 8 at 133025 metric tons, down 2,325 metric tons, or 1.
72%,
from the previous session.