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October 8 London Copper Afternoon Review

 Last Update: 2022-12-23
 Source: Internet
 Author: User

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London copper afternoon comment: the global stock market rose during the National Day, London copper rose 4%, domestic and foreign copper inventories continued to decline, this year's global copper supply is still in short supply, the first day after the holiday to resume Shanghai copper supplement, is expected to rise spot copper prices today
.

London copper

Global stock markets rose during the National Day, as the US debt ceiling negotiations progressed, and the worry of the European energy crisis eased, overnight London copper shock closed positive, the latest closing quotation of 9306 US dollars / ton, closed up 219 US dollars, or 2.
41%, the volume of 8682 lots decreased 3888 lots, the position 258275 decreased 415 lots
.
During the National Day holiday, the market was closed in the previous period, and there was no data update
in the evening.

The London Metal Exchange (LME) reported its latest stocks of London copper on October 7 200575 metric tons, down 1,925 metric tons, or 0.
95%,
from the previous trading day.

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