SMM

LME copper prices opened at $8,471/mt and closed at $8445/mt in overnight trading, a drop of 0.07%, with the low-end of $8408/mt and the high-end of $8496.5/mt. Trading volume was 19,000 lots and the open interest stood at 267,000 lots. The most active SHFE 2401 copper contract prices opened at 68200 yuan/mt and closed at 67990 yuan/mt last evening, down 0.23%, with the high-end of 68330 yuan/mt and the low-end of 67900 yuan/mt. Trading volumes stood at 28,000 lots and open interest stood at 164,000 lots.