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London copper afternoon commentary: The European Central Bank raised interest rates more than expected, and London copper closed down 0.
43% overnight; Factory activity in the United States fell in July, domestic copper production continued to recover, coupled with market fear, copper is expected to fall
slightly.
The European Central Bank raised interest rates more than expected, raising 50 basis points to curb high inflation, but aggravated the risk of global recession, and the copper shock weakened overnight, the latest closing quotation of 7299 US dollars / ton, closed down 32 US dollars, or 0.
43%, the trading volume of 12119 lots decreased by 3773 lots, and the position 231612 decreased by 2224 lots
.
In the evening, Shanghai copper was weak and volatile, and the latest closing price of the main monthly 2208 contract was 56380 yuan / ton, down 110 yuan, or 0.
19%.
The London Metal Exchange (LME) reported 133,550 metric tons of London copper on July 21, down 2,025 metric tons, or 1.
49%,
from the previous trading day.
![disodium 4,4'-bis[[4-anilino-6-[(2-carbamoylethyl)(2-hydroxyethyl)amino]-1,3,5,-triazin-2-yl]amino]stilbene-2,2'-disulphonate CAS NO 27344-06-5](https://file.echemi.com/fileManage/upload/cas/77/e1abc71f-648d-403c-93fe-69b5c9401d56.gif)
