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March 8 London Copper Afternoon Review

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

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american metal exchange

1 4 ferrule

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The U.
S.
non-farm payrolls data exceeded expectations, and the following week London copper closed strongly up more than 4.
5%, China's economic growth target improved demand outlook, copper mine supply tightness remains unchanged, copper materials are now up
sharply today.

London copper

The US February non-farm payrolls data far exceeded expectations, the agency said that the economy is expected to fully recover, the next week London copper trend is strong, the latest closing quotation of 8977 US dollars / ton, up 388 US dollars, or 4.
52%, the volume of 20397 hands decreased 12384 lots, the position 329191 hands decreased 10597 lots
.

In terms of inventories, the London Metal Exchange (LME) reported 79,025 tonnes of London copper on March 5, down 800 tonnes, or 1.
00%,
from the previous trading day.

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