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March 18 London Copper noon review

 Last Update: 2022-12-21
 Source: Internet
 Author: User

Tags

copper 2 chloride

2 5 hexanedione

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The U.
S.
economic outlook has improved to stimulate the market, with copper closing up more than 2.
3% overnight, demand outlook remaining positive, and copper is up
today due to recent disruptions in South American copper mine supply.

London copper

The Federal Reserve sharply raised its US GDP growth forecast this year to 6.
5%, the economic outlook has improved to stimulate the market, overnight London copper trend is strong, the latest closing quotation of 9130 US dollars / ton, up 206 US dollars, or 2.
31%, the volume of 10530 lots decreased by 3740 lots, and the position 317066 increased by 3253 lots
.

In terms of inventories, the London Metal Exchange (LME) reported 107275 tonnes of London copper on March 17, an increase of 3,375 tonnes, or 3.
25%,
from the previous trading day.

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