echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > October 20 London Copper Afternoon Review

    October 20 London Copper Afternoon Review

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    London copper afternoon commentary: U.
    S.
    stocks fell bearish sentiment, London copper closed down 1.
    11% overnight; Chilean copper mine production in the third quarter rose month-on-month, the end of the domestic peak season will be the downstream consumption margin weakened, the transaction is weak, copper or slightly down
    .

    London copper

    U.
    S.
    stocks fell bearish sentiment, the macro market is still uncertain, the current economic situation will continue to damage the earnings of major enterprises to a greater extent, thereby weakening the market demand for metals, overnight London copper low volatility, the latest closing quotation of 7365 US dollars / ton, closed down 83 US dollars, down 1.
    11%, the volume of 14886 hands decreased 3033 lots, the position 237529 decreased by 4016 lots
    .
    In the evening, Shanghai copper rushed back down, and the weak operation closed slightly negative at night, and the latest closing price of the main month 2211 contract was 62120 yuan / ton, down 90 yuan, or 0.
    14%.

    The London Metal Exchange (LME) reported its latest stock of London copper at 139,000 metric tons on October 19, down 4,825 metric tons, or 3.
    35%,
    from the previous trading day.

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.