SMM

LME copper prices opened at $8405.5/mt and closed at $8376.5/mt in overnight trading, a drop of 1.1%, with the low-end of $8327/mt and the high-end of $8424/mt. Trading volume was 18,000 lots, and open interest stood at 262,000 lots. The most active SHFE 2401 copper contract prices opened at 68020 yuan/mt and closed at 67720 yuan/mt last evening, down 0.44%, with the high-end of 67970 yuan/mt and the low-end of 67550 yuan/mt. Trading volumes stood at 29,000 lots and open interest stood at 156,000 lots.