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SMM Copper Morning Comment

  • Nov 10, 2023, at 9:56 am
LME copper prices opened at $8090/mt and closed at $8117.5/mt in overnight trading, a gain of 0.14%, with the low-end of $8090/mt and the high-end of $8165.5/mt. Trading volume was 17,000 lots, and open interest stood at 262,000 lots. The most active SHFE 2312 copper contract prices opened at 67140 yuan/mt and finished at 67310 yuan/mt overnight, up 0.21%, with the low-end of 67150 yuan/mt and the high-end of 67450 yuan/mt. Trading volume was 23,000 lots and open interest stood at 144,000 lots.
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