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May 31 London Copper Afternoon Review

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

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Pressure from rising inflation concerns, the following week London copper shock closed down $19, the number of newly discovered copper mines in recent years is insufficient, the last period of copper stocks fell for two consecutive weeks, today copper is now higher
.

London copper

Rising inflation concerns put pressure, Fed officials said they may want to discuss tapering QE, the next week London copper weak shock, the latest closing quotation of 10275 US dollars / ton, down 19 US dollars, or 0.
18%, the volume of 18677 lots increased by 4751 lots, the position of 314980 hands increased 2233 lots
.

In terms of inventories, the London Metal Exchange (LME) reported 122425 tonnes of London copper on May 28, down 1,325 tonnes, or 1.
07%,
from the previous trading day.

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