Copper Prices Went Down as Market Awaiting US Economy Result, and will Face a Lot of Pressure amid Rate Hike Expectations

avr. 25, 2023, at 9:30 am
SMM

LME copper prices closed at $8,744/mt last evening, down 0.42%. Trading volume was 18,000 lots and open interest stood at 252,000 lots. The most active SHFE 2306 copper contract finished at 68,090 yuan/mt overnight, down 0.45%. Trading volume was 52,000 lots and open interest stood at 165,000 lots.

ARTICLE PRÉCÉDENT
SMM • il y a 3 ans
MMi Daily Iron Ore Report (April 24)
ARTICLE SUIVANT
SMM • il y a 3 ans
SMM Morning Comments (Apr 25): Base Metals Closed Mostly with Losses as Market Priced in 25 bp Rate Hike

Copper Prices Went Down as Market Awaiting US Economy Result, and will Face a Lot of Pressure amid Rate Hike Expectations

MMi Daily Iron Ore Report (April 24)

SMM Morning Comments (Apr 25): Base Metals Closed Mostly with Losses as Market Priced in 25 bp Rate Hike