Greece's New Copper-Gold Mine Nears Completion, LME Copper Rose Sharply on Friday [SMM Copper Morning Meeting Minutes]
SMM Morning Meeting Minutes: On Friday evening, LME copper opened at $10,856/mt, touched a low of $10,841.5/mt in early trading, then copper prices rose steadily and touched a high of $10,979.5/mt near the close, finally settling at $10,947/mt with a gain of 1.2%, trading volume reached 26,000 lots, and open interest reached 319,000 lots. Overnight, the most-traded SHFE copper contract 2512 opened at 87,050 yuan/mt, touched a low of 86,940 yuan/mt in early trading, then the center rose and touched a high of 87,960 yuan/mt near the close, finally settling at 87,660 yuan/mt with a gain of 0.91%, trading volume reached 104,000 lots, and open interest reached 280,000 lots.
