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September 29 London Copper noon review

 Last Update: 2022-12-19
 Source: Internet
 Author: User

Tags

china imports

industrial metal fabrication

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China's economic recovery led the world, overnight London copper shock closed up $43, scrap copper imports are low supply continues the tight pattern, low processing fees pressure smelter rush demand, copper is rising
today.

China's industrial profits in August grew steadily, China's economic recovery led the world, overnight London copper volatility was strong, the latest closing quotation of 6595 US dollars / ton, up 43 US dollars, or 0.
66%, the volume of 14192 hands decreased 1171 lots, the position 321186 lot decreased 2171 lots
.

In terms of inventories, the London Metal Exchange (LME) reported 103125 metric tons of London copper on September 28, an increase of 29,500 metric tons, or 40.
07%,
from the previous trading day.

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