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June 25 London Copper Afternoon Review

 Last Update: 2022-12-22
 Source: Internet
 Author: User

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microgestin 1.5 30

copper metal

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Dragged down by US inflation concerns, London copper closed down $30 overnight; Yesterday's London copper inventory soared 20% to a new high in nearly a year, downstream demand slowed, copper prices under pressure, and copper prices are expected to rise or fall limited
today.

London copper

Due to the signal contradiction from the Federal Reserve caused the unease of the timing of interest rate hikes, thereby worrying about US inflation, London copper weakly fluctuated overnight, the latest closing quotation of 9458 US dollars / ton, closed down 30 US dollars, or 0.
31%, the trading volume of 10622 hands decreased by 3244 lots, and the position 320946 increased by 1002 lots
.

In terms of inventories, the London Metal Exchange (LME) reported 192975 metric tons of London copper on June 24, an increase of 33,175 metric tons, or 20.
8%,
from the previous trading day.

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