LME Copper and SHFE Copper Both Declined in the Night Session; Spot Trades Sluggish Under High Contango Structure [SMM Copper Morning Comment]

feb 18, 2025, at 8:53 am

[LME Copper and SHFE Copper Fell in Night Session; Spot Trades Sluggish Under High Contango Structure] Macro side, US Fed's Harker stated that the current economic situation supports temporarily maintaining stable interest rate policy; Bowman mentioned that stronger confidence in inflation decline is needed before cutting interest rates again. Inflation is expected to decrease, but upside risks remain. The US dollar index remained stable, and copper prices' center shifted downward after contract rollover.

ARTÍCULO ANTERIOR
hace 10 meses
US Dollar Rebounds, Market Pulls Back Overall, LME Copper Retreats From Friday's High [SMM Copper Futures Brief]
SIGUIENTE ARTICULO
hace 10 meses
Overnight Lead Futures Stabilized Amid Fluctuations; Weak Consumption Leads to Another Increase in Domestic Lead Ingot Social Inventory [SMM Lead Morning Meeting Summary]

LME Copper and SHFE Copper Both Declined in the Night Session; Spot Trades Sluggish Under High Contango Structure [SMM Copper Morning Comment]

US Dollar Rebounds, Market Pulls Back Overall, LME Copper Retreats From Friday's High [SMM Copper Futures Brief]

Overnight Lead Futures Stabilized Amid Fluctuations; Weak Consumption Leads to Another Increase in Domestic Lead Ingot Social Inventory [SMM Lead Morning Meeting Summary]