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SMM Copper Morning Comment

  • Nov 06, 2023, at 9:53 am
LME copper prices opened at $8118/mt and closed at $8168.5/mt in last Friday evening trading, a decline of 0.13%, with the low-end of $8118/mt and the high-end of $8210/mt. Trading volume was 21,000 lots, and open interest stood at 262,000 lots. The most active SHFE 2312 copper contract prices opened at 67640 yuan/mt and closed at 67360 yuan/mt last evening, down 0.47%, with the high-end of 67310 yuan/mt and the low-end of 67650 yuan/mt. Trading volumes stood at 32,000 lots and open interest stood at 150,000 lots.
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