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London copper afternoon commentary: crude oil prices rose, the next week London copper low rebounded to close up 1.
27%; China's copper supply is still tight and the overall inventory is low, favorable policies continue to make efforts, downstream consumption has improved, and copper is expected to rise
.
Crude oil prices rose, the next week London copper bottomed out, closed higher, the latest closing quotation of 7810 US dollars / ton, closed up 98 US dollars, or 1.
27%, the volume of 15258 hands increased by 2659 lots, the position of 249060 hands increased 300 lots
.
Shanghai copper volatility was strong on Friday night, and the latest closing price of the main monthly 2210 contract was 62810 yuan / ton, up 800 yuan, or 1.
29%.
The London Metal Exchange (LME) reported its latest copper inventory of 102,000 metric tons on September 16, down 1,225 metric tons, or 1.
19%,
from the previous trading day.